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


To: RFJock who wrote (1050)4/6/1998 8:04:00 PM
From: JOHN CHEN  Read Replies (1) | Respond to of 1491
 
This is an update to my previous PWAV earning estimate for this quarter.

As of today, while I continue to stand firm with my estimate of 19 to 20 cents per share for the quarter, I believe that PWAV will annouce that for the following quarter, it will see substantial ASIAN impact to its bottom line.

I am making this adjustment due to after reading MOT complete earning report. I believe subscriber growth rate has slow down in KOREA and the currency rate is not favorable to PWAV.