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Technology Stocks : PWAV- the hot new IPO

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To: Patherzen who wrote (1285)8/19/1998 11:20:00 AM
From: Medisco  Read Replies (1) of 1491
 
PWAV is ready to take off, see the comment below from YAHOO about SPCT!

somemore SPAM!
DrDoug1
Aug 19 1998
10:32AM EDT

They are starting them with an ACCUMULATE??????? but they have PWAV at a BUY!!!! Hey, Boneheads, couldn't you stick with either a
BUY or ACCUMULATE..............I would short SPCT here at 17 1/2 for 2 reasons:

1) Wedbush doesn't know CRAP!!

2) I have noticed on the charts, that for the last 5 MONTHS, this market kicks into overdrive on the WEEK of option expirations. Just to sell off
the Friday or following week! The breath of this market is VERY WEAK!!!!!! Much more new lows than new highs, the OIL stocks are ALL
hitting lows. I am buying SLB at these levels.......But I digress......this market WILL sell off by next week....DELL helping the market for the time
being.

The Doc

I am done on SPCT......short from 17 1/2........will sell if it goes to 13 1/2 or--------------19.


PWAV: Quote | Profile | Research
This Is a Reply to: Msg 8530 by nacra3
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