Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Mike Winn who wrote (546)	1/12/1998 8:24:00 AM
From: Tuan Phan	Read Replies (2) \| Respond to of 1491

Hi Mike, I believe you have misinterpreted the analysis. I stated that the Korean economy will grow by 2.3% in 1998 (Still looking for confirmation). The EPS growth for PWAV is estimated at 12.5% for 1998 and 8.3% for 1999. I adjusted this estimate from the original 1998 forecast low EPS growth estimate of 25%. My reasons for the adjustment were currency devaluation of 50% against the dollar and the business in Korea is coming to a completion in 1998. Tuan