PWAV- the hot new IPO Message Board

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Technology Stocks : PWAV- the hot new IPO

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To: Mike Winn who wrote (718)	1/23/1998 7:39:00 PM
From: JOHN CHEN	Read Replies (3) of 1491

Mike, I will give you an update on PWAV. For the 1st quarter of 98', PWAV is going to do just fine and chances for substantial upside surprise in earning based on revised estimate is very possible. Several other companies which have tested PWAV products are due for order annoucements. Expect to hear from several Baby Bells and AT & T. Backlog remains solid; no known cancellation at this time as far as I know but things can change on daily basis. Expect to see domestic business to represent about 20% to 22% of total 1st quarter business, up from 16% last quarter.

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