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Technology Stocks : PWAV- the hot new IPO
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To: steve harris who wrote (1320)12/24/1998 1:01:00 AM
From: Ben Beale  Read Replies (1) of 1491
 
Steve,

My wife and I were just talking about whether we would sell PWAV or write calls if we still owned it. It's 2 5/8 off its 52-week high and is fairly volatile. Two factors, along with your tax situation, to consider. If I still owned PWAV, I'd be tempted by the May 17.5's at $5.... they might not expire worthless, but I bet there will be chances to close them out before May for cents on the dollar.

Merry Christmas & good luck-

Ben
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