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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 68.54+11.4%Jan 5 3:59 PM EST

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To: Oeconomicus who wrote (1837)1/22/1998 4:34:00 PM
From: JAMES P. McVEIGH  Read Replies (1) of 5650
 
I agree with your suspicions concerning the validity of the takeover offer. It appears that the offer was more of a ploy by a wanabee to either steal PSIX or disrupt the meeting and forthcoming deal. As much as the management has its faults, even they could see through this "offer". As I write this, the market has closed with PSIX up for the day following the wild price swings earlier in the trading session. The glass looks "half Full" V "half empty".
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