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Technology Stocks : PWAV- the hot new IPO

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To: 4-UR-Eyes-Only who wrote (1105)4/16/1998 6:51:00 PM
From: Crossy  Read Replies (1) of 1491
 
Thanx alot. From Your name I conclude You like Shenna Easton <G> and the 80ies culture.

Regarding PWAV, the fact that we not only bucked today's downtrend but had a strong 9% up against the market leads me to the conclusion that the upwave isn't yet dead. I think we might rest at $20-21 before advancing to next stop $24. If momentum is that strong we will end up in the $30-35 range. There I would definitely ! sell.

I just realized how badly impacted SPCT must currently be. This should be a disastrous quarter for them. Better picks in thsi sector: MPDI, RFMI, and also AHA. But the latter two must first find a base before moving up.

regards
CROSSY
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