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Technology Stocks : PWAV- the hot new IPO
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To: Medisco who wrote (1087)4/14/1998 11:35:00 AM
From: Rob S.  Read Replies (1) of 1491
 
I haven't been following it much; started to look at it several months ago but held off (thankfully). When I saw that they were diversifying and had gotten biz with several new OEMs, I figured the company was at the point of reversing to the upside. I think the long term prospects look very good with a good chance for a double in the next 12 months. That is unlikely to come quickly as they must continue to show that they have turned the corner and there is a lot of overhead resistance due to the several month period of decline. My guess is that it will move up to around 19-20 short-term. It may struggle to move up past that until latter in the year.
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