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Technology Stocks : ocom breakthrough technology -- Ignore unavailable to you. Want to Upgrade?

To: oki kwon who wrote (389)	6/15/1998 8:58:00 PM
From: DD™	Respond to of 994

IMHO, the market is punishing (i.e., short sellers, forced margin call sales) many small/micro-cap technology stocks, especially those without established earnings. Index performance for the week ending June 12: Despite erasing a loss of over 100 points on Friday to end the day up 23, the Dow still lost 202 points (-2.24%) last week. But microcap stocks were hit hardest, losing over 5% last week. The MicroCap50 plummeted 39.64 points (-5.19%) last week to close at 724.77 - its lowest level of the year. The MicroCap50 fell every day last week and has fallen for five weeks in a row, losing 115.3 points (-13.7%) in that period. The MicroCap50 is down 0.10% in 1998. The Russell 2000, a smallcap stock index, lost another 12.65 points (-2.78%) last week to close at 441.59. The Russell 2000 is down 8.9% in the last six weeks. It is up 1.05% in 1998. The Dow Jones Industrial Average fell 202.77 points last week (-2.24%) to close at 8834.94. The DJIA is up 11.72% in 1998. DD

To: oki kwon who wrote (389)	6/15/1998 9:53:00 PM
From: John F. Dowd	Read Replies (1) \| Respond to of 994

Dear oki: Everything DD says seems to be correct but the huge % ( Traded at 639% average volume (Today: 213,600 / Daily avg: 33,400 Price dropped 22% (Price: $9.500, Change: $-2.625) drop in OCOM today gave me pause and I sold 80% of my position. Something is definitely afoot and we are playing in the dark. If you go over to the Yahoo board there is a poppinj23 who has made some interesting observations suggesting that OCOM hasn't been levelling with the shareholders in regards to Problems with software and availability of ATM codec and recent financing. I should have stayed out when I got out at 12 but I am just 1000 shares from being outa here. JFD