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Technology Stocks : PWAV- the hot new IPO

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To: JOHN CHEN who wrote (602)1/15/1998 8:37:00 AM
From: Dr. J  Read Replies (1) of 1491
 
I just joined this thread and have been catching up on the old postings.

Congratulations on such dead-on predictions!

Re the Korean crisis: Company PR talks about a "prolonged period of continued market uncertainty..." What do you think that translates into: 3 months? 6 months? a year?

It strikes me that PWAV has a very poorly diversified customer base (something they are obviously working on). Loss of orders from South Korean customers would be devastating in the short-term.

I agree that the company looks solid, obviously has great engineering, but I think it's going to get hammered today because of the forward-looking statements.
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