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


To: Mike Winn who wrote (696)1/22/1998 10:32:00 AM
From: Joseph Beltran  Respond to of 1491
 
If PWAV is confident about its future it should consider borrowing the $$$ to buy back as many shares as they possibly can at these prices. The float is not that large and interest rates are very low by historical standards. If they are confident about their future that would be one heck of a worthwhile investment IMHO. They can re-sell the shares in the future either through a private placement or a public offering.



To: Mike Winn who wrote (696)1/22/1998 6:34:00 PM
From: Jimbo Cobb  Read Replies (1) | Respond to of 1491
 
Mike: I predicted 10 was bottom, but I never bought...looking for 8 now, but it might not drop that low...reminds me of CLST last year.

I think buyers under 10 will be rewarded a year from now.