PWAV- the hot new IPO Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PWAV- the hot new IPO

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RFJock who wrote (1313)	11/14/1998 3:47:00 AM
From: Ben Beale	Read Replies (1) of 1491

Jock, My fun meter is pegged on the yahoo boards. Mega stuff to wade through to get a scintilla of good scoop. OT (on a yahoo board, anyway), what say you about the Wave's Q3 report? Q2 revealed a large increase in G&A expenses due to costs of accelerating the diversification effort. Money well spent, as S. Korea plummeted from 80-some odd percent of sales to around 46% (including "all other" counties outside of N. America). And what about a whopping 116% increase in N. American sales? Bloody good show that! What most intrigues me is the quarter-on-quarter margins. '97 Q3 was at slightly more than 40%; '98 Q3 not far off at 35%. I think this shows management was able to act quickly to control expenses (G&A, R&D and S&M). It might be mid-99 before we see double digit increases in earnings again, but I wouldn't be surprised to see that trend developing in Q4. Asia must have some pent up demand for PCS components and N. America should continue to contribute significant (although probably not triple digit) growth to PWAV revenue. Powerwave isn't ATT or TXN, but its demonstrated it can turn on a dime. Can Alcatel or Telebras? Medisco, how do you see things? r/s Ben

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next