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Technology Stocks : PWAV- the hot new IPO
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To: JOHN CHEN who wrote ()7/26/1998 5:45:00 PM
From: humble_investor  Read Replies (1) of 1491
 
Many have asked me about the Ericcson order....
And I can tell you that what I am hearing and seeing points to Ericcson buying MCPAs, and Nortel is currently or has just finished auditing PWAV, which could result in more purchases. Lucent is supposedly auditing this week, so we may find out soon what their intentions are for purchasing equipment.
For those that aren't familiar with audits, its basically where a company comes in and checks you out- production methods, quality control, tech stuff, and sometimes even your financial info. This is usually to make a decision on purchasing equipment, but in some cases the information is used for considering a buyout. My opinion is that these audits are purely for purchasing equipment and not a buyout.
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