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


To: Surfer who wrote (867)2/14/1998 8:48:00 AM
From: Mark A. Palma  Read Replies (1) | Respond to of 1491
 
WHAT A WEEK FOR PWAV!!!!! I only recently got into this stock on a tip, and I started buying at 14 all the way up to 18. This 3 day run was huge in my opinion. Yesterday proves that something big is going on, a huge deal, a possible merger or takeover, ........! Who knows, but the WAVE showed a lot of strength yesterday, rising like a rocket, dipping a little, and then bouncing back at the end to close somewhat close to its high for the day. That much activity and strength before a 3 day weekend only adds fuel to the PWAV fire! Expect an announcement of some kind next week and a move to the 20 - 30 range. If this puppy breaks the 50 day MA hold on tight because it could explode back to the 40 - 50 range. This may not happen all next week, but it is certainly achievable within the next 3 to 6 months. Load up if you can at these levels up to the low 20's. I unloaded a lot of other positions yesterday to add to my PWAV position and so far it is paying off beautifully! Good luck to all and HAPPY INVESTING!!!!!

Mark A. Palma