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Technology Stocks : PSI
PSIX 57.38-3.1%11:23 AM EST

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To: Mony Change who wrote (7)1/24/1996 1:31:00 AM
From: Carl Smith   of 30
 
Mony, I am not sure when they report results. Their 3rd quarter statement was
given the last week of October. With that in mind three months would put it this
week or early next.

If you are contempting investing in the Internet Providers keep in mind that they
won't be profitable for a long time. Both Netcom and PSInet are reinvesting all
their available funds back into the system.

UUnet appears to be the best bet in the long term due to its involvement with
Microsoft. But its still too early to call. The communications deregulation bill if it
passes my have a negative effect on them or it could be positive in that the local
phones companies may want to buy the providers and get immediate market
share. Who knows!
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