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Technology Stocks : PWAV- the hot new IPO

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To: Allegoria who wrote (1406)	2/17/2000 12:42:00 PM
From: rrufff	Read Replies (1) of 1491

I don't know right now. I will watch it day to day. Although I love this company, I feel the move is over done. I'd be reluctant to move in big without a major correction. The way it has been going north, almost looks like a buyout is expected. If that does not happen, a correction would bring it back half way from the last run at least. This is just a guess, but right now I wouldn't touch it over 100. No way I would short it though, too little float as the move has shown. It can run down big time in a few days but I'm not smart enough to say which day so that I'd feel comfortable shorting. Premiums on puts are obviously too high to buy.

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