PSIX up 26.5%, Takeover(?) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

PSIX 63.67

+7.2%

Dec 9 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John A. Young who wrote (987)	5/6/1997 4:52:00 PM
From: bob zagorin	of 5650

John. I think you're right about the short term pop but I wouldn't sell too quickly. Beside the sympathetic move from BBN, there's another factor working here. While tech stocks were depressed, it was difficult for companies to use their stock to acquire a resource like PSI. Now that they have rebounded, it much more likely. The best analysis i've seen of PSI (and UUNT's) assets was done about a year ago by Motley Fool. It compared and contrasted ISP's without hard assets (like Netcom) and those with POPs and "pipe" like UUNT, PSIX and BBN. PSI is the last one left independent and has added a lot of resources since then (particularly in Europe). It is still way cheap. PS. I bought both UUNT and PSIX back then. Got lucky with UUNT; I know my day will come with PSI.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next