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

To: rrufff who wrote (1182)	6/12/1998 9:41:00 AM
From: Doug Fowler	Read Replies (1) \| Respond to of 1491

Why do you assume I am short PWAV? I have never shorted a stock...

To: rrufff who wrote (1182)	6/12/1998 2:39:00 PM
From: Willsgarden	Read Replies (1) \| Respond to of 1491

IMO the only thing that counts is confirmation that the worst of the asian crisis was reflected in last quarter. IF they have reduced and replaced asian revenue as they have stated, and IF they have improved margins which fell from roughly 12 1/2% to 9% last quarter THEN shorts better cover their asses soon. IR states mid July for quarterly. I also hope the 8 analysts rec buys ans strong buys, have done their homework. Bill