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

To: Medisco who wrote (1087)	4/14/1998 10:32:00 AM
From: HEXonX	Respond to of 1491

PWAV, appears to be in a holding pattern. MM's are probably trying to figure out what to do with this stock for their big clients. This is probably know as the waiting game and to see how many ants are in the little guys pants. :o) Then we will see the shake rattle and roll the little guy tactic so the big client can enter on the bleeding of the little guys... HEX

To: Medisco who wrote (1087)	4/14/1998 11:35:00 AM
From: Rob S.	Read Replies (1) \| Respond to of 1491

I haven't been following it much; started to look at it several months ago but held off (thankfully). When I saw that they were diversifying and had gotten biz with several new OEMs, I figured the company was at the point of reversing to the upside. I think the long term prospects look very good with a good chance for a double in the next 12 months. That is unlikely to come quickly as they must continue to show that they have turned the corner and there is a lot of overhead resistance due to the several month period of decline. My guess is that it will move up to around 19-20 short-term. It may struggle to move up past that until latter in the year.