PSIX up 26.5%, Takeover(?) Message Board

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Technology Stocks : PSIX up 26.5%, Takeover(?)

PSIX 54.55

+3.6%

3:59 PM EST

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To: michael who wrote (919)	4/18/1997 6:59:00 PM
From: kathleen e duffy	of 5650

The "market" is not privy to quarterly results before you are. And if they are, something illegal is going on behind the scenes. Far be it from me to suggest that something like that ever happens! :) But no large blocks of PSIX traded today. Very few large blocks have been traded over the last few weeks. If the big money felt expectations were not going to be met, they would be selling. Volume is extremely low. Big sell-offs are not happening. Take a look at Cascade. That's a sell-off. As for PSIX being a dog...if you bought in at 10-12 in recent history, and the fundamentals of the company are unchanged (good customer numbers were reported, no "warnings" issued), then 6 1/2 seems like a pretty good deal. The big money wins by doing what they call "doubling up" to lower their average share price. No guts, no glory. :) -kate who has an interest in PSIX.

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