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

To: GMPetersen who wrote (848)	2/13/1998 1:15:00 PM
From: Medisco	Respond to of 1491

Sorry, you are right, it is 200 days moving average:)

To: GMPetersen who wrote (848)	2/13/1998 1:41:00 PM
From: JRobinson	Read Replies (1) \| Respond to of 1491

>>That appears to be the 200 day moving average we are looking at today. The 50 day moving average is closer to 27 1/4. Be nice if that were to happen too. :)<< The 50 day ema (exponential moving average.) is just a hair under $16 and is flattening. The 200 day ema is about $21. Exponential moving averages are more accurate than the simple moving average. The 7 day ema is sloping up. Things are looking good. I don't necessarily believe that another deal is pending because of this run (but it certainly would be welcome). Rather, I think it is a shift in sentiment as PWAV begins to demonstrate that it is not as dependent on Korean revenues as it recently was.