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

To: Mahin M. Samada who wrote (248)	2/9/1998 3:51:00 PM
From: wlheatmoon	Read Replies (1) \| Respond to of 662

Mahim, Spoke to my broker today who said that his own firm was also a buyer of warrants and stocks. Stocks for the immediate squeeze and warrants for the leverage. He said the shorts squeeze hadn't begun yet, but that the institutions are continuing to buy. Again, just some info. Got more around 6 for warrants today. It traded in low 7's before when the stock traded around 18. Should be similar situation again. There always seem to be a bit of a shakeout sometime during the day. Will ride this one long. Good luck. mike