Hi Michel:; Well you may be right..lets see book value about,
2.8 cash 1.5..that seems to be the break up value to me..I thought
fair value ran higher than that ?..
How you arrive at it...any way I'm still in and going to stay in,
but with expence and all I'm in at 6.5 if 4.25 is value..then
she have to go to 2 for me to double up and average down to
4.25 <G>..right now I'm glad I did not bet the barn on her,
but I'v learned I pick more winners than losers..and my winners
offset my losers..IF..I stick with my desisions I come out..IF
I get defensive I get wiped..if I take a few on the chin..that's
the way it have to be..no way not to take some hits..worry about
them and you sell your winners..I just don't turn once committed,
on a stock like this I double up if she falls enough.
I belive the guy who said bulls make money, bears make money, but
chickens and hogs get slaghtered..I came in with my guard up..and
head down..know I might take a hit..but that I would double up,
if need be..so I'm here good bad or ugly. I think there is more
to this company than most people realise.
She actually owns something..that cnet..Aol..and a lot of others
don't..it may not look like it's got value..but it sure as heck
does..( she has TWO..international NAPs.).that's nothing to snezz
at. Have you looked the internet over good..at least psix is
not a proxy player..as some of ( or a lot of them are )..
boardwatch.com
Jim
BTW , I have no info just my knowledge of the backbone system,
but keep, this in mind..if Sprint buys this baby..don't be
surprised..I'v looked at the matches..and as strange as that may
sound I can see her blending in with sprint..and I'm not trying to
start a romor..I have not heard nor read any thing about such
it's just a hunch..but an educated one, just remember I said it
first, it came from no one but me, if it happens I take credit
for calling it..if not o -well..but it's not a romor or anything
like that..I'm not trying to spam her. I think I got a winner,
thats all there is to it.
Jim
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