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Technology Stocks : PWAV- the hot new IPO
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To: Tapcon who wrote (1330)1/20/1999 11:11:00 PM
From: Ben Beale   of 1491
 
It is an impressive story. 12 months ago when I bought PWAV at $10, It looked as though it would take a year +/- to shift the focus of business away from Korea. Management decided not to wait out the Asian business cycle and accelerated the plan. If I remember correctly, they were able to find new markets, equal to 35% of sales, in only 1 quarter. Management deserves a lot of credit. Good plan, right time, good follow through so far. Unfortunately, I abandoned ship at 16, but I'm happy for the longs who hung on.

r/s
Ben
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