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

To: Rob Preuss who wrote (933)	1/7/1999 8:01:00 PM
From: Bill Lotozo	Read Replies (1) \| Respond to of 1461

But your whole reason for questioning investing was and is based on two people on SI who think that the convertibles are floorless, that they have been bought by persons who want to sink this company for quick profits and that P-COM management is in cahoots with them or are incompetent. It only takes belief that management is corrupt or incompetent to make me shy away from an investment. But I don't happen to believe that any of the three conditions are applicable to P-COM and second, I never take anything said over a bulletin board at face value. About the comparison to last Spring's pop up based on similar news. Look at the volumes then and compare them to now. Something else is going on here. The stock may retreat, but with 3, 4 and 11 million days of volume, we have a different ball game here.