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

To: Tod Skinner who wrote (1211)	6/30/1998 1:40:00 PM
From: J. Stone	Read Replies (1) \| Respond to of 1491

Tod: Certainly, from the viewpoint of someone who has held PWAV for, say, the last year, this wouldn't be great, as the stock is way off it's highs. Obviously, if a buy-out comes, it's not going to be in the $40's. Yet for those who buy now, or decide to average down a bit, the rewards could be as high as a 50% gainer on an investment in PWAV at $16 (as, in looking over the company's business and prospects - as I did last night - I couldn't imagine PWAV being purchased for anything less than $24.) Time will tell... regards, JS