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

To: Mike Winn who wrote (600)	1/15/1998 12:32:00 AM
From: Anthony Ostroski	Respond to of 1491

Excellent call John.--out

To: Mike Winn who wrote (600)	1/15/1998 12:54:00 AM
From: JOHN CHEN	Read Replies (3) \| Respond to of 1491

Mike-getting a compliment from you is an extraordinary thing. I was pretty sure I would be right on the mark based on one week of research into all the data I have gathered. In that estimate report I did, I did not say anything about the Korean situation. But I did suspect that PWAV will make such comment... if they don't, then they will be lying through their teeth. I will see if I can be on the conference call... have not heard from the company yet. However you look at it, PWAV is cheap and it is a solid company that tries to make something of itself. Korean crisis will be gone sooner than later, and as long as their Korean companies continue to get business outside Korea, PWAV will benefit. I also look for PWAV to chase more business out of AT & T soon. For those of you rec'd their annual report and other information, you know that PWAV prints on cheap newspaper quality paper- that tells me that they are watching how to spend investors' money. Look at their website, nothing fancy, 2 colors only- again, they are cheap so the company has tons of cash!