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Technology Stocks : PWAV- the hot new IPO

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To: JOHN CHEN who wrote (1146)5/13/1998 6:44:00 PM
From: KellyW  Read Replies (1) of 1491
 
Who hear thinks PWAV will not trade at $30.00 in 6-9 months? I think that 12 months out, we are a double from here. $40.00 is quite realistic for this company which is showing great resiliance to Asia in the fact they are finding other places to sell. Wait 'till Asia gets going again. The demand is still there, that's for sure. It's a 1-3 year money problem, Asia that is.

If you sell your shares, buy back on any dips. Maybe that way you might get lucky and increase the amount of shares you own. Or, sit back and relax and take the easy route to a 100% gain in 1 year's time.

PWAV's PE is still less than that of others in this market and PWAV is making more money. Wait 'till PWAV announces a strong hand in another Ericcson deal. We'll get another pop.
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