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Technology Stocks : PWAV- the hot new IPO
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To: JOHN CHEN who wrote (606)1/15/1998 9:13:00 AM
From: Dr. J  Read Replies (1) of 1491
 
9:13EST: Ask has just dropped to 12 7/8; Buy price hasn't changed yet.

I agree with you 100%. This company will suffer in the short-term but has shown themselves to be good at engineering, and careful with their money. Their margins are fantastic, and they have enough cash to weather short-term problems.

I see it as a buying opportunity - but I'm not going to "try to cathc the falling knife"

Are you on email? - I have a side-question to ask.
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