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Technology Stocks : PWAV- the hot new IPO

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To: SeaViewer who wrote (1259)7/30/1998 5:54:00 PM
From: Minos  Read Replies (1) of 1491
 
Anybody have a feel for how far this one can slide and whether or not it might retest single digits? Is the sell-off being overdone due to the combination of the skittish market and the lawsuit, or is there some real merit to the allegations? Are there any other fundamental changes in business outlook. I, for one, had confidence in mgmt (especially as they were diversifying and becoming less reliant on the far east) and thought the Wave had great potential over a long-term perspective. No I am less sure. Anyone have any insight or comments?

-Minos
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