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Technology Stocks : p-com (pcms)

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To: CharlieFox who wrote (731)7/28/1998 9:06:00 PM
From: Fhirdia  Read Replies (2) of 1461
 
Thanks Charlie for your post. I did not know that PaineWebber was playing both sides (If I understand your post correctly). Does this mean that PaineWebber received income from PCOM to help raise the cash and then turn around and promote the stock to their own customers? If this is true then it would appear that they should have known more about this company than anybody. I know I made a mistake like a lot of others but at least I learned that the analysts sometimes haven't a clue and their opinion should be taken very lightly!
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