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Technology Stocks : NewCom (NWCM) -- Ignore unavailable to you. Want to Upgrade?

To: Jason Flora who wrote (217)	2/5/1998 1:50:00 PM
From: wlheatmoon	Read Replies (2) \| Respond to of 662

*ATTENTION---THREAD!!!!!* I've been in this thing since the initial allocation given out by Joseph Charles during the IPO. I've watched it peak around 18 and dropped in half to around 9. Held through depreciation because I was like a blinded rabbit caught in the headlights. Well, today, I got a call from my broker at Joseph Charles with fantastic developments in this company. If you want to contact my broker, email me and I will give you the name and phone number. The low down is this, I'm trying to decipher my notes. I was too giddy to get it all down-- Recent meeting with the investment banker and analysts resulted in the info below. First off, this company should be valued around $30 based on earnings of $1/share (100% growth from a year ago with forecast of $2/share for next year. *Again, another 100% growth in earnings projected.* Recent downturn in price was due to perceived problems with account receivables being down due to diminished shelf space with the retailers (Circuit City, etc.). This was not a problem, but the street thought it was--thus, the drop in price. This thing is being seriously shorted. The shorts reported in last week's WSJ was around 250,000 shares. This week, it's 800,000 shares. Okay, the best part--institutions like Dreyfus, Kennedy, Fisher, Strong, and Safeco own a ton. I didn't get all the numbers, but Dreyfus has just bought up 1 million shares after initially taking 100,000 shares at the IPO. Kennedy--150,000 shares, Fisher--300,000 shares, Strong--I didn't hear because I was too giddy to pay attention, Safeco--50,000 shares. FLOAT is around 2.5 million shares. As some of you have noted, the volume the last few days has been unbelievable--on 2/2--268k, 2/3--657k, 2/4--400k. That's over a million in 3 days. The scenario is almost too good to be true. But wait, there's more. NEWS coming soon in regards to alliance with AOL because WEBPAL is PAL compatible. For the techies out there, this apparently means that it is more versatile and can be used in places further and outside this country; thus, the AOL relationship. This is apparently the difference with WebTV. It's over my dumb head--I'm just reporting my info. Also Forte Software (owner of Spectravision) has a $100 million agreement coming up with NWCM. What does this all mean? It meant I bought another truckload today!!!! The fundamentals and the future alliances alone should make this baby rocket. Add the short squeeze and you've got a dream in the making. All of this info can be verified by calling my broker at Joseph Charles or you can ask your own broker. I don't imagine this is insider info since I'm no insider. Good luck to all.