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Technology Stocks : People's Choice Tv Corp. (PCTV)

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To: Tom Duxbury who wrote (19)1/31/1997 6:51:00 AM
From: Mark Oliver   of 176
 
Tom, I've got limited knowledge of this company. They are a small part of my portfolio and I bought them as I thought they were a good play on the MMDS angle. I believe there will be many winning solutions to bring out the high speed bandwidth. I think MMDS is a good opportunity and PCTV is quite cheap with good markets. I think they will be a good investment if digital MMDS technology proves to work.

Wish I could provide you more detail.

I looked at your profile. I see you have an interest in Ancor. I had some good results from them last year, but stopped following them as it seemed like they had hit a block. I was surprised to see the Sequent deal fall through. They've been hit hard by that. Do you expect a bounce, or further selling pressure?

Mark
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