PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 66.55

-0.3%

11:42 AM EST

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To: michael who wrote (919)	4/18/1997 10:20:00 PM
From: James F. Hopkins	of 5650

Hi Michael: I've been up on my roof patching leaks all week, the small caps have been under fire. I don't know what to say about PSIX..I had in a GTC buy back on some covered calls I had sold, and they came to me today, so I'm in a position to unwind that part any way. If she ticks a little lower I'll wind up with some more stock as I'v wrote puts, that will put me in at 6-1/8...if the market holds up she will come back, if the market goes on south I'm afraid PSIX will to..I'm long and may get longer..I'm not at a high cost basis..but hate to see her break down even more, I'l not rush out of her unless I see her cash on hand get real shaky, she looked ok last go around. Good Luck.. Jim

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