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Technology Stocks : p-com (pcms) -- Ignore unavailable to you. Want to Upgrade?


To: Night Writer who wrote (865)12/17/1998 12:53:00 AM
From: Bernard Levy  Read Replies (1) | Respond to of 1461
 
Steve and Nightwriter:

Actually, I think that the P-MP business will be very good
to PCMS if it can survive the next 9 to 12 months. I have
never looked in depth at its balance sheet, but PCMs is
heavily leveraged. The lack of insider buying is also
worrisome. The entire wireless equipment sector looks
terrible (even ERICY) so I would not be overly worried about
PCMs looking pathetic (the entire sector looks like it)
as long as I can be sure that it will survive. Unfortunately,
this is not a sure bet.

Best regards,

Bernard Levy