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

To: Cool Hand Luke who wrote (577)	8/13/1998 10:40:00 AM
From: Cool Hand Luke	Read Replies (1) \| Respond to of 662

It is now official. The shorts are covering! Yesterday's Dreyfus stock was bought by shorts covering their positions. There are around 300,000 shares of Dreyfus stock left (if that). No one else is selling. What are the shorts going to do when there is no stock left to buy? Answer - buy in the open market. The worm has turned.

To: Cool Hand Luke who wrote (577)	8/13/1998 3:53:00 PM
From: Billy Bob	Respond to of 662

Insider, what are you talking about. Anyone who says they know inside information is lying because the company does not talk. Remember, I am still buying the stock to average in. Everything you need to know about this company is public information. One reason the short position got so large is because the Dreyfus fund. People know that the manager of the fund was fired and being investigated. The fund is now being sued. Call Dreyfus and ask what the procedure is in case of a lawsuit with merit. The answer is sell out the fund. Short players knew this and wanted to front run the fund. The positive news is that Dreyfus is bring down their position to be not a factor. Many shorts probably were using that as a short covering opportunity. If they are still short the stock, it might be hard for them to cover short term. Remember, the short position can be used as an advantage for the stock. Over 1 million shares need to be bought back in. Cossack is sure and the hell not selling them mine.