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

To: Mahin M. Samada who wrote (242)	2/9/1998 7:18:00 AM
From: Ralph Ulisse	Respond to of 662

I agree, the chart looks fantastic, but we can't lose sight of Newcoms potential. The stock could easily trade between a 15-30 P/E. Based on Mike's previous note, estimated earnings of $1.00('98) - $2.00('99), the stock could easily trade between $25-$40 dollars in the near-mid term (3-6 months). Trading this stock could be very dangerous. The wildcard could always be the short position, and when they decide to cover. I believe the shorts may have started to buy the warrants to possibly hedge their bet (possible premium ???). Also, I heard that Aura filled to sell stock (~300,000 shares/~3%) sometime last week. This is a very positive sign. I believe this information was pulled from the Bloomberg News Service. Any thoughts?