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

To: Rob Preuss who wrote (935)	1/7/1999 9:51:00 PM
From: Bill Lotozo	Read Replies (3) \| Respond to of 1461

Be careful when you listen to other's advice on financial instruments like convertibles or their investment decisions. Most people on SI are teckies, not financial analysts. I bought yesterday at 5. I would like to hold on because I think this stock will work its way back up to the twenties. But, I'll probably sell some tomorrow and the rest soon after because I am generally a short term player. I do like this company because 1) the wireless industry will take off this year, 2) even though Lucent is extending credit to a lot of the these companies, there is still room for other suppliers, 3) the wireless companies will not go with any one equipment supplier, they need to foster multiple suppliers -- P-COM seems to have good equipment, they will have a market, 4) at $6 this is a steal if they stay in business.