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) SEPTEMBER 24, 1998
                                                   -----------------------------
  
  
                                   P-COM, INC.
  ------------------------------------------------------------------------------
               (Exact name of registrant as specified in charter)
  
  
   
           DELAWARE                     0-25356                    77-02893711
  ------------------------------------------------------------------------------
  (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
                                                     ---------------------------
  
  
                                 NOT APPLICABLE
  ------------------------------------------------------------------------------
         (Former name or former address, if changed since last report.)
  <PAGE>
   
  ITEM 5.   Other Events
  ------    ------------
  
            In a press release disseminated on September 24, 1998, the
            Registrant publicly announced that a complaint alleging violations
            of California state securities laws was filed against the Registrant
            on September 23, 1998. A copy of the press release is attached
            hereto and incorporated herein by reference.
  
  ITEM 7.   Financial Statements and Exhibits
  ------    ---------------------------------
  
            A copy of the Registrant's press release announcing a complaint
            alleging violations of California state securities laws was filed
            against the Registrant on September 23, 1998 is attached hereto as an
            exhibit.
  
  <PAGE>
   
                                   SIGNATURES
  
            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 hereunto duly authorized.
  
  
                                     P-COM, INC.
                                     -----------
                                     (Registrant)
  
  Date:  September 24, 1998          By:    /s/ Michael J. Sophie
                                            ---------------------
  
                                     Name:  Michael J. Sophie
                                     Title: Chief Financial Officer
  <PAGE>
   
                                  EXHIBIT INDEX
  
  
       Exhibit
       -------
  
       99.1          Press Release disseminated September 24, 1998.
metadata_documents: [{"type": "8-K", "sequence": "1", "description": "FORM 8-K FOR P-COM, INC.", "secsgml_size_bytes": 3161}]
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": "98714575"}, "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) SEPTEMBER 24, 1998
                                                   -----------------------------
  
                                   P-COM, INC.
  ------------------------------------------------------------------------------
               (Exact name of registrant as specified in charter)
  
   
           DELAWARE                     0-25356                    77-02893711
  ------------------------------------------------------------------------------
  (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
                                                     ---------------------------
  
                                 NOT APPLICABLE
  ------------------------------------------------------------------------------
         (Former name or former address, if changed since last report.)
  ITEM 5.   Other Events
  ------    ------------
  
            In a press release disseminated on September 24, 1998, the
            Registrant publicly announced that a complaint alleging violations
            of California state securities laws was filed against the Registrant
            on September 23, 1998. A copy of the press release is attached
            hereto and incorporated herein by reference.
  
  ITEM 7.   Financial Statements and Exhibits
  ------    ---------------------------------
  
            A copy of the Registrant's press release announcing a complaint
            alleging violations of California state securities laws was filed
            against the Registrant on September 23, 1998 is attached hereto as an
            exhibit.
  SIGNATURES
  
            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 hereunto duly authorized.
  
                                     P-COM, INC.
                                     -----------
                                     (Registrant)
  
  Date:  September 24, 1998          By:    /s/ Michael J. Sophie
                                            ---------------------
  
                                     Name:  Michael J. Sophie
                                     Title: Chief Financial Officer
  EXHIBIT INDEX
  
       Exhibit
       -------
  
       99.1          Press Release disseminated September 24, 1998.