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Technology Stocks : PWAV- the hot new IPO

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To: Medisco who wrote (1023)	3/26/1998 10:40:00 PM
From: RFJock	Read Replies (1) of 1491

Make the distinction, it's $26 million in revenue not earnings, that would truly be cool otherwise. I would assume that the gross margin should actually be higher than normal what w/the reduction in OT in the production area, unless they got caught w/a bunch of excess inventory and/or parts order cancellation costs due to the downturn in business. My guess would be it should be equal to or more than the same ratio on last quarters revenues which were, what $47 million ? I don't have last quarters earnings per share handy so you do the math. ,RFJock

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