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

To: RayV who wrote (1126)	4/28/1998 9:04:00 AM
From: Mark A. Palma	Read Replies (5) \| Respond to of 1491

Please don't listen to this joke HEXonx! Anyone could make a call that the market was due for a little pullback. I didn't say that PWAV would never go down, but I did say that PWAV will be in the 20 range shortly. PWAV did not break yesterday, it was down ALONG WITH EVERYTHING ELSE! PWAV held up o.k. and should move back to the 19 - 20 range today. I do not see PWAV going below 17, so I would say you will be lucky to get an entry now at 17 3/4. PWAV should open up above 18 today! I would buy in the low 18's, but I am confident that PWAV will be in the 30 - 40 range come summer. I've stated that I have it on good faith that PWAV will be getting an upgrade shortly that could propel the stock!!!!!! Take it for what it is worth. I don't think it was a great call that HEXonx said PWAV would pull back. Of course it must, but look at the chart! This little pullback is actually good for PWAV, and believe me we will go higher!!!!!!! And one more thing - I predict the Market and PWAV will have some down days! - jk jk jk Mark A. Palma

To: RayV who wrote (1126)	4/29/1998 11:00:00 AM
From: HEXonX	Respond to of 1491

Ray, PWAV is currently trading down very slowly 04/29/98. The high was at 19 1/16 and the open was 18 7/16. Right now it is at a downtick. The ave trade size is around 905 with a vol of 134000 and the number of trades is 148. The Last is 18 9/16 which is still in the 18 range. It was having trouble going over 18 1/2 for the last two days. I say that right now traders are holding mostly. The MMs can control this some what. Personally I would wait for high 17s or get it later right before lunch when it will drop. It should be back up after lunch and at the end of the day it should sell off a little because of the day traders but should be above 18 1/2. HEX