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Technology Stocks : PWAV- the hot new IPO

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To: Tod Skinner who wrote (1211)6/30/1998 1:40:00 PM
From: J. Stone  Read Replies (1) of 1491
 
Tod:

Certainly, from the viewpoint of someone who has held PWAV for, say, the last year, this wouldn't be great, as the stock is way off it's highs. Obviously, if a buy-out comes, it's not going to be in the $40's.

Yet for those who buy now, or decide to average down a bit, the rewards could be as high as a 50% gainer on an investment in PWAV at $16 (as, in looking over the company's business and prospects - as I did last night - I couldn't imagine PWAV being purchased for anything less than $24.)

Time will tell...

regards,

JS
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