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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 61.20+4.2%3:59 PM EST

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To: kathleen e duffy who wrote (910)4/15/1997 7:53:00 PM
From: James F. Hopkins   of 5650
 
HI Kate:, I belive you hit the nail on the head..AVNT or any that's margined gets hit hard then others stocks owned by
big holders of what took a hit can also take a beating, I knew this sort of thing happened as a result of margins, but it didn't click
in my mind to see who got hit hard by such and such, and what
else could be in line. You explained it very well, I also
didn't know Amerindo had AVNT..but it makes sence.
-----------------------
Still the volume on psix was not so heavy today, and a lot of the
Naz was down.
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BTW..I've been visiting with my ISP guru..he does not invest in
stocks..says over the years he's found them to fickle. He is
a tech guru and a half..and has been software developer for years,
works on his own, ,and gets all the work he wants.
He told me how he's seen many neat things come down, and if they
don't get support they fail..whats good and whats best often does
not win in the tech theator, it has to have a base.
Any way what I'm leading up to..he sees the strong probability
of wireless local loop cathing on. It can do all sort of neat
things, and being he put in a server and set himself up as an
ISP..he is looking at it hard and has a couple of units on order
to test out. The real hassel with ISPs, and the biggest expence
is the local telco. You have to have a comercial line run in for
every modem you put on, and you pay comercial rates..and the
telcos want to up that so individuals also pay a ( modem fee ),
lot of action and reaction to all that. BUT my guru sees the
wireless local loop as a way to do an endrun around the local
telcos...if this thing works it'l be the hottest internet play
to ever come along..he seems to think it will..and with his
tech experance..if it can work he'l make it do so. To hear him
talk you hook up to the little box..and it's like you have speeds
just as if you were typing on his server..no delay like the
modems have..you become part of the loop just as if you were
on your own T1 line..the units he will be testing has a 10 mile
range..there are some with 25 mile ranges..and these things can
be hooked up to repeaters etc to expand that range. Ultra high
freq..no interferance..and plenty of bandwidth. I hope he is
right sure would be nice..so I got to go look who is into
wireless local loop stuff.
Jim
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