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) DECEMBER 4, 2003
                                                        (DECEMBER 2, 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)


================================================================================






Item 5.  Other Events and Regulation FD Disclosure.

On December 3, 2003,  P-Com,  Inc.  issued a press  release  announcing  that on
December 2, 2003, its stockholders  approved a number of resolutions,  including
several to facilitate the previously announced acquisition of certain assets and
liabilities  of SPEEDCOM  Wireless  Corporation.  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 December 3,
                           2003,  to announce that its  stockholders  approved a
                           number   of   resolutions,   including   several   to
                           facilitate  the previously  announced  acquisition of
                           certain assets and  liabilities of SPEEDCOM  Wireless
                           Corporation.

                                   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/ Sam Smookler
                                           -------------------------------------
                                           Sam Smookler
                                           President and Chief Executive Officer


Date: December 4, 2003