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


To: John E. Marciszewski who wrote (809)2/9/1998 6:54:00 AM
From: Brian K. Winchell  Read Replies (1) | Respond to of 1491
 
TRY THIS SITE ~

BE WELL

BRIAN

suretrade.stkwtch.com



To: John E. Marciszewski who wrote (809)2/9/1998 11:08:00 AM
From: Mike Winn  Read Replies (1) | Respond to of 1491
 
John - I think in the analysts mind, QCOM is selling more in the US than overseas. I also read on the QCOM thread that the analysts didn't quite downgrade QCOM because it's a large cap, therefore the higher PE.

With regards to PWAV, I got out because I am afraid that bad news of cancelations will hit first before good news of new customers will come out. I got alarmed because QCOM announced cancelations on Thursday last week, and then Sawtek announced cancelations on Friday, 2 days in a row with cancelations. If someone is in PWAV long term, then there is nothing to worry about. This strong company will eventually find way to diversify and my guess is the stock will be at 30-40 by year end. I just want to try to squeeze every dollar out of this stock, sometimes I am successful, sometimes not, at this trading game.

I don't trust Suretrade's Second Opinion. Someone who knows TA well commented that they use too many indicators for their prediction, therefore it's not accurate.