PSINet, Inc.(PSIX) Message Board

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Technology Stocks : PSINet, Inc.(PSIX)

PSIX 72.24

+0.7%

Feb 2 3:59 PM EST

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To: Chris Alexander who wrote (2)	5/2/1996 5:28:00 PM
From: Luce Wildebeest	of 54

Today early on was a bit nerve racking! I sold my 13 5/8 shares for 17 1/2 & hung onto the other 1000 @ 23 3/8. If we ,wife & I, were to break even on this one I would consider it a minor miracle! I thought the shorts were on it for sure. It was good to see it stage a comeback there seemed to be a lot of downward pressure on it. You are positive do you hold any shares? I am guarded at best. I think its a long shot that it will be bought out tho it is one of the possibilities. There is just too much competition at this point & I can't see where the growth can be all that significant over the next while. Where will the revenues come from? There could be a source I'm not thinking of. Anything is possible!

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