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Technology Stocks : PWAV- the hot new IPO

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To: Michael Baron who wrote (1268)	8/5/1998 10:45:00 AM
From: Medisco	Read Replies (1) of 1491

Another Post from Yahoo: This is my first post, but I've been reading this board for a while. Overall comments on the meeting: 1. Bruce gave very good presentation on company that was very upbeat and highlighted several factors: a. Sales to non-Korean customers are increasing rapidly. b. PWAV is the leading supplier of multl carrier amps to the indendent co's in the wireelss market c. The independent companies represent only 40% of total market. d. The other 60% represents companies that supply their own amps. e. PWAV is aggressively going after the 5 top companies in the 60% segment (inc LU, MOT, ERICY, NT and ___?____) 2. PWAV appears focused in its strategies to grow the business. 3. One point that company stressed is the amount of time it takes to secure a new customer. Many months of inspections and testing occur before contracts are signed, and then PWAV will only make an announcement if customer approves. This seems to explain the relatively long periods of silence from pwav between announcements of new contracts. And yes, in response to the first post about the meeting, it definitely seemed there was an announcement PWAV wants to make. Good luck to all.

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