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Revision History For: PWAV- the hot new IPO

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Has anyone studied PWAV's revenue and earning growth? This company is growing like crazy and at the IPO price of $11.50 and estimate p/e of 20 makes this stock extremely attractive. If you look into their 4th quarter last year and you shall see that 4th quarter is always their best quarter. Could this mean when they report their 4th quarter in Jan., 1997, they will have another blow out quarter? I am estimating that this stock should earn 20 cents a share or more for the upcoming quarter which should give the company a total of 58 cents for the fiscal year. Therefore, at the current price, I feel it's way too cheap! Anyone want to comment on my thoughts??