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Technology Stocks : PWAV- the hot new IPO

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To: Christopher Ting who wrote (593)1/14/1998 11:41:00 PM
From: advinfo  Read Replies (2) of 1491
 
I really like the .29 !!!! But, talk about a turd in a punch bowl:

"Subsequent to the end of the fourth quarter of 1997,
economic and currency conditions in South Korea have continued to
negatively impact overall market conditions within South Korea.
Based on recent discussions with its South Korean customers,
Powerwave now believes that a prolonged period of continued market
uncertainty within South Korea will result in either postponed,
rescheduled or possibly cancelled orders with the company's South
Korean customers."

biz.yahoo.com

Obviously, this negative potential is already (Over)factored into
the stock price. I'm looking forward to gapping up in the morning...
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