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Technology Stocks : PWAV- the hot new IPO

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To: RFJock who wrote (1009)	3/23/1998 11:31:00 AM
From: Tim Oliver	Read Replies (1) of 1491

Most large investors must be thinking that PWAV is a horrible investment right now...80% exposure to Korea and warnings by a larger competitor (SPCT) of a poor market for at least the next few quarters. Speculators are likely the only ones left, hoping that the wireless market extends outside of Korea for PWAV. I'm surprised that a technical guru would have any money in PWAV after reporting that their larger competitor's products at a recent trade show were far more impressive. I'm also wondering why ERICY, NOKA, and NT are interested in PWAV if they can get better products elsewhere. Assuming that PWAV is an attractive partner for the large multinational wireless companies (for whatever reason), how long does it take from a new contract to significant orders in your business? 3-6 months? One year? Two years? Do ERICY, NT, NOKA, etc. have the buying power of Samsung and the other Korean OEMs?

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