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Technology Stocks : Aware, Inc. - Hot or cold IPO?
AWRE 2.110-1.9%Dec 12 9:30 AM EST

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To: trouthead who wrote (1880)8/5/1997 7:09:00 PM
From: Mike Mitchell   of 9236
 
4 points (40%) in 6 months wouldn't be so bad! I think it will do much better than that, though (as long as the estimated deployment doesn't get pushed out again).
As far as news that will push it quicker, Aware refered to pending "major deals" equal or greater in size to anything announced to date in the last conferance call.
Whether this is hot air or not, I can't say, but the company has kept it's dignity to date (as I type this I'm assuming that the PC Week rumor about CSCO a few months ago was NOT generated by Aware).
Another item could be a successful general availability release of the ADI chipset in a couple of months. If they miss this again, however, we could be mopping the floor.
Anyway, I've already spent all my spare cash on the stock. If it get much lower, though, I'm gonna start selling some other stuff to get in deeper. Targetting mid 20's in 1st half '98 when ADSL actually start to roll and Joe Sixpack starts buying in.

Mike
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