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Technology Stocks : PWAV- the hot new IPO -- Ignore unavailable to you. Want to Upgrade?

To: JOHN CHEN who wrote (579)	1/14/1998 7:03:00 PM
From: Mike Winn	Read Replies (4) \| Respond to of 1491

Questions, questions, questions ... Why do they move up the date to tomorrow? If the numbers are good, why not release now and let the Street digest the good news, and may be have a conference call too? If the numbers are bad and they move up the date without providing guidance, that will setup for a big class action lawsuit. They announced that business is good not long ago. How can business conditions change so fast unless they got big AR to collect? May be the rumor started because someone called IR and was told that earnings release is moved to tomorrow morning. My wild guess is PWAV either misses the estimate by just a little or they are right on target (but miss the higher whisper number). Anyhow, I will sleep well tonight knowing that my loss is contained. I will check the news early tomorrow and may decide to "chase" after the stock if earnings is really good.