PWAV- the hot new IPO Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PWAV- the hot new IPO

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dr. J who wrote (664)	1/17/1998 11:53:00 PM
From: Carl B.	Read Replies (3) of 1491

PWAV presents an interesting phenomenon given it's enormous Korean exposure, and the extent of the future uncertainty that such an exposure entails. This certainly isn't a "safe", domestic economy only play, and any bet on a significant upward movement in the price of PWAV stock is predicated on the expectations that:1) the Korean crisis is overstated 2) PWAV's customers are solvent enough, or will be extended enough credit to weather the storm or 3)that PWAV will be able to capture enough new business to sufficiently offset what one would assume will be impactfully declining revenues from their Korean ventures. That's a pretty stiff headwind for a stock, to the extent that I see it as a trading stock at the low end of it's price range until there is more visability regarding it's earnings future. That being said, PWAV looks to me like a good little company, and I will probably continue to hold a small long position (bought at 15), anticipating an eventual recovery, and wouldn't be adverse to trading the stock short term, once a bottom gets established.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next