content: <PAGE>
   
                         SECURITIES AND EXCHANGE COMMISSION
  
                               WASHINGTON, D.C. 20549
  
  
                                  _______________
  
  
                                      FORM 8-K
                                          
                                   CURRENT REPORT
  
  
                       PURSUANT TO SECTION 13 OR 15(d) OF THE
  
                          SECURITIES EXCHANGE ACT OF 1934
  
  
  Date of Report (Date of earliest event reported)   OCTOBER 22, 1998
                                                     -----------------------------
  
  
                                    P-COM, INC.
  --------------------------------------------------------------------------------
                 (Exact name of registrant as specified in charter)
  
  
           DELAWARE                       0-25356                 77-0289371
  ------------------------------        -----------            ------------------
  (State or other jurisdiction         (Commission              (IRS Employer
       of incorporation)                File Number)           Identification No.)
   
  
  3175 S. WINCHESTER BOULEVARD, CAMPBELL, CALIFORNIA          95008
  --------------------------------------------------------------------------------
  (Address of principal executive offices)                 (Zip Code)
  
  
  
  Registrant's telephone number, including area code    (408) 866-3666
                                                        --------------------------
  
  
                                     NONE
  --------------------------------------------------------------------------------
           (Former name or former address, if changed since last report.)
  <PAGE>
   
  Item 5.  Other Events.
           ------------ 
  
            In a press release disseminated on October 22, 1998, the Registrant
  publicly announced its earnings for the quarter ended September 30, 1998.  A
  copy of the press release is attached hereto and incorporated herein by
  reference.
  
  
  
  Item 7.  Exhibits.
           -------- 
  
            A copy of the Registrant's press release announcing its earnings for
  the quarter ended September 30, 1998 is attached hereto as an exhibit.
  <PAGE>
   
                                     SIGNATURE
  
    Pursuant to the requirements of the Securities Exchange Act of 1934, the
  Registrant has duly caused this report to be signed on its behalf by the
  undersigned thereunto duly authorized.
  
  
  
                                  P-COM, INC.
  
  
  
  DATE:  October 22, 1998         By:     /s/  Michael J. Sophie
                                       -----------------------------
                                               Name:   Michael J. Sophie
                                               Title:  Chief Financial Officer
  <PAGE>
   
                                   EXHIBIT INDEX
                                          
  EXHIBIT
  NUMBER        DOCUMENT DESCRIPTION
  ------        --------------------
  
  
   99.1    Press Release disseminated October 22, 1998
metadata_documents: [{"type": "8-K", "sequence": "1", "description": "FORM 8-K", "secsgml_size_bytes": 2936}]
metadata_filer: {"company-data": {"conformed-name": "P COM INC", "cik": "0000935493", "assigned-sic": "3663", "irs-number": "770289371", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-25356", "film-number": "98729797"}, "business-address": {"street1": "3175 S WINCHESTER BLVD", "city": "CAMPBELL", "state": "CA", "zip": "95008", "phone": "4088663666"}, "mail-address": {"street1": "3175 S WINCHESTER BLVD", "street2": "P-COM INC", "city": "CAMPBELL", "state": "CA", "zip": "95008"}}
text: SECURITIES AND EXCHANGE COMMISSION
  
                               WASHINGTON, D.C. 20549
  
                                  _______________
  
                                      FORM 8-K
                                          
                                   CURRENT REPORT
  
                       PURSUANT TO SECTION 13 OR 15(d) OF THE
  
                          SECURITIES EXCHANGE ACT OF 1934
  
  Date of Report (Date of earliest event reported)   OCTOBER 22, 1998
                                                     -----------------------------
  
                                    P-COM, INC.
  --------------------------------------------------------------------------------
                 (Exact name of registrant as specified in charter)
  
           DELAWARE                       0-25356                 77-0289371
  ------------------------------        -----------            ------------------
  (State or other jurisdiction         (Commission              (IRS Employer
       of incorporation)                File Number)           Identification No.)
   
  
  3175 S. WINCHESTER BOULEVARD, CAMPBELL, CALIFORNIA          95008
  --------------------------------------------------------------------------------
  (Address of principal executive offices)                 (Zip Code)
  
  Registrant's telephone number, including area code    (408) 866-3666
                                                        --------------------------
  
                                     NONE
  --------------------------------------------------------------------------------
           (Former name or former address, if changed since last report.)
  Item 5.  Other Events.
           ------------ 
  
            In a press release disseminated on October 22, 1998, the Registrant
  publicly announced its earnings for the quarter ended September 30, 1998.  A
  copy of the press release is attached hereto and incorporated herein by
  reference.
  
  Item 7.  Exhibits.
           -------- 
  
            A copy of the Registrant's press release announcing its earnings for
  the quarter ended September 30, 1998 is attached hereto as an exhibit.
  SIGNATURE
  
    Pursuant to the requirements of the Securities Exchange Act of 1934, the
  Registrant has duly caused this report to be signed on its behalf by the
  undersigned thereunto duly authorized.
  
                                  P-COM, INC.
  
  DATE:  October 22, 1998         By:     /s/  Michael J. Sophie
                                       -----------------------------
                                               Name:   Michael J. Sophie
                                               Title:  Chief Financial Officer
  EXHIBIT INDEX
                                          
  EXHIBIT
  NUMBER        DOCUMENT DESCRIPTION
  ------        --------------------
  
   99.1    Press Release disseminated October 22, 1998