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Technology Stocks : PWAV- the hot new IPO

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To: Mike Winn who wrote (638)	1/15/1998 4:26:00 PM
From: A Kabili	Read Replies (1) of 1491

I'd agree with you that $11 is reasonable for this stock (down from a close of $14 yesterday). The problem is, I bought in at $14. Ugggghhhhhh!! I still think the problems of postponed orders must have only surfaced a few weeks ago. In December, the company made very positive comments about the current quarter and did not hint that future sales would be hurt.

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