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

To: JOHN CHEN who wrote (720)	1/23/1998 8:04:00 PM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 1491

John..I feel that the circumstance is overstated, to avoid disappointment beyond the stated, and that the reaction reflected in the stock's price is exaggerated and overdone, even beyond that! This is a great company. I intend to buy more on Monday. Stephen

To: JOHN CHEN who wrote (720)	1/23/1998 11:01:00 PM
From: RFJock	Read Replies (3) \| Respond to of 1491

....not to mention the as-yet announced sale of 800 Mhz multicarrier amplifiers to Cellcom via NT. This is a slot that SPCT lost due to initial quality problems. It is really too bad, as the SPCT amplifier is superior in performance to the PWAV unit but they had terrible quality problems initially. NT was forced by the customer to replace the SPCT amplifiers w/PWAV. Part of the deal w/PWAV however was that they could not announce this sale as they are not NT qualified. Which is a VERY long process, something PWAV has no experience with and/or could survive w/the product they now ship. ,RFJock PS: I am an expert in RF PA technology/design, that is my business and I know a lot about everybody's PA technologies i.e. Motorola, AT&T (Lucent), NT, Nokia, etc.