Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Agamemnon who wrote (463)	5/28/1998 6:45:00 AM
From: Ralph Ulisse	Read Replies (2) \| Respond to of 662

I don't think they overstated earnings. I'm expecting about $.85 - $1.00 per share for '98. If Newcom/Aura falsify earnings, this early after their IPO, then they would lose credibility for a long time. Keep in mind that Aura owns 70%. If the stock drops, then they would stand to lose the most. I think the company will file a 15 day extension with the SEC. Newcom shared earnings with Aura from March 1,1997 - September 15, 1997. If Aura is late, then Newcom will also be late. I think this is out of Newcom's control, and is typical for a spin-off. I still believe the longs (not shorts) will have the last laughs. Any comments. Aura historically is late with their filings (look at last 2 years of SEC filings). Like I've said before, the sooner Newcom distance themselves from Aura, the better. Aura isn't a real company, if they were, they'd act like one. That's what the shorts see, and that's what they expect from Newcom. Only time will tell. Mahin/CF - Any thoughts.