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 5, 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 July 31, 2003,  P-Com issued a press release  announcing  the receipt of $1.4
million in orders from customers in China, and on August 4, 2003, P-Com issued a
press release  announcing  the receipt of a $2.8 million order for its advanced,
point-to-point  radios from Mexican cellular  operator Telcel  Radiomovil DIPSA,
S.A. de C.V. The July 31, 2003 press release is attached hereto as Exhibit 99.1,
and the August 4, 2003 press release is attached hereto as Exhibit 99.2.

In addition,  on August 5, 2003,  P-Com issued a press  release  announcing  the
repurchase of the  Registrant's  7% Convertible  Subordinated  Notes.  The press
release is  attached  hereto as Exhibit  99.3.  Each of the press  releases  are
incorporated by reference herein in their 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 July 31, 2003 to
                           report  the  receipt of $1.4  million in orders  from
                           customers in China.

         Exhibit 99.2      News Release of P-Com,  Inc.  dated August 4, 2003 to
                           report  the  receipt  of a $2.8  million  order  from
                           Mexican Cellular Operator Telcel.

         Exhibit 99.3      News Release of P-Com,  Inc.  dated August 5, 2003 to
                           report the repurchase of P-Com, Inc.'s 7% Convertible
                           Subordinated Notes.

                                   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 5, 2003