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

To: Dr. J who wrote (999)3/17/1998 11:10:00 PM
From: Capitalist  Read Replies (1) | Respond to of 1491
 
TO ALL:

I came across this company a few days ago and liked what I saw at first glance. The Wireless Industry is really taking off (just take a glance at Nokia's chart), with if I recall correctly, growth being 25-30% for the next few years. I believe that South Korean problems are already priced in this stock, not leaving much potential downside left. Also, the chart pattern indicates a nice base is being formed right here around 15 range, which is bullish. Finally, they must be doing something right with customers such as Nortel, Nokia, Ericcson, Samsung....etc. I am looking to go mid-term (maybe 6-8 months) so in your opinions, would this be a good entry point? I seem to think so, but I'd like to hear the rest of the opinions on the thread.

Regards,

Serry Habash



To: Dr. J who wrote (999)3/21/1998 12:52:00 AM
From: RFJock  Read Replies (2) | Respond to of 1491
 
PWAV's major customer is Samsung and to a lesser extent LGIC. Rumor has it that LGIC asked for longer terms and Samsung reduced actual orders, but that's only rumor here in the valley.

,RFJock


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