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

To: Bilbo Baggins who wrote (1359)	4/15/1999 6:04:00 PM
From: Glen Gordon	Respond to of 1491

Heard a number of rumors on Revs and Earnings. The highest rumor I heard was Revs $52 Million, Earnings 8 cents. They beat those numbers handily. Also, consider that they have $50 million in cash and paid down $22.8 Million in debt. That should add $2.1 million/year to earnings (nearly 3 cents per share per quarter). In Sept 97, PWAV had $35 Million in revs,4.7 M in earnings and the Stock was $40-50. This September looks like it will be significantly better!