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Technology Stocks : PWAV- the hot new IPO

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To: Medisco who wrote (1060)4/8/1998 8:26:00 PM
From: Surfer   of 1491
 
From the press release:

<Also during the first quarter of fiscal 1998, Powerwave continued to purchase shares of its Common Stock pursuant to the Common Stock
repurchase plan authorized by its board of directors on Dec. 11, 1997. As of March 29, 1998, the company has purchased a total of 810,000
shares of its Common Stock.>

Wooh. It's a good sign when the company repurchase the shares at the lower price to boost ROE. Go Powerwave.

Bye.
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