SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                           --------------------------

                                    FORM 8-K

     PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

        DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) AUGUST 21, 2003

                         COMMISSION FILE NUMBER 0-25356

                           --------------------------

                                   P-COM, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

            DELAWARE                                  77-0289371
(STATE OR OTHER JURISDICTION OF           (I.R.S. EMPLOYER IDENTIFICATION NO.)
 INCORPORATION OR ORGANIZATION)

                          3175 S. WINCHESTER BOULEVARD
                               CAMPBELL, CA 95008
                                 (408) 866-3666

       (ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING AREA
               CODE, OF REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES)


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ITEM 5.  OTHER EVENTS.

On August 18, 2003, P-Com issued a press release announcing the receipt of $1.1
million in orders from customers in China. The press release is attached hereto
as Exhibit 99.1 and is incorporated by reference herein in its entirety.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.

(c) Exhibits. The following materials are filed as exhibits to this Current
Report on Form 8-K:

         Exhibit 99.1      News Release of P-Com,  Inc. dated August 18, 2003 to
                           report  the  receipt of $1.1  million in orders  from
                           customers in China.

                                   SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities and
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.


                                        By:  /s/ George P. Roberts
                                           ------------------------------------
                                             George P. Roberts
                                             Chairman of the Board of Directors
                                             and Chief Executive Officer


Date: August 21, 2003


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