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Technology Stocks : PWAV- the hot new IPO

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To: Medisco who wrote (1154)5/23/1998 1:49:00 AM
From: Rob S.  Read Replies (2) of 1491
 
I think PWAV is probably pulled back as much as it will short term and is now ready for jumping on. I sold at 22 and may stake another position next week. Need to look over the weekend at the TA screens and other stocks i follow. I think it will be up for the year quite nicely but am still concerned about a further tech stock sell-off. I think we have one more rally for tech stocks but have seen the highs in many of them until latter this year.

This summer may get bloody because of price declines for uPs and computer systems and peripherals. Retail, oil service, airlines, recreation and a few other sectors look less risky and likely to go up.
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