The Mormon and Pentecostal Connection

[Dante]

Recently I spoke to an ex-Mormon who completely abandoned his former faith, and has embraced the Pentecostal faith (to some degree). Although he believes in the gift of the Holy Ghost and speaking in other tongues, immersion in the name of Jesus Christ, and the oneness of the Godhead, he made a startling statement that stirred my thinking.

Verbatim he said, "Pentecostalism and Mormonism are alike in the sense that both claim to be the rediscovery of lost Christianity. Both claim to have started by divine revelation from God, and both claim miracles and wonders validate their existence."

Why do you agree or disagree with the aforementioned? Keep in mind, doctrinally there are stark contrasts to both faiths, but as to their origins and the founders' intents there may be some strong similarities.