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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 54.15+2.9%12:59 PM EST

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To: bob zagorin who wrote (994)5/6/1997 9:19:00 PM
From: Brian Collins   of 5650
 
<<just for the heck of it..i'll predict you'll never see psix below seven again...>>

Duly noted Bob. That would also suite me just fine cause I picked up some October calls for 5/8 several days back when PSIX touched 5.75 and would love to get out of this stock, with a profit of course. Either way, if I don't screw up the timing, I expect a positive return (unless Daniel Fisher is right and we see $3, he was right about $6).

For the record,

bought 2300 shares @ 10.62 (average).
bought 20 OCT 7.5c @ 5/8 (stock at 5.75).
sold 23 JUN 7.5c @ 7/16 (stock at 6.75-should have waited 24 hours)
likely buy 20 JUN 10c @ 3/8 tomorrow for the ride to 10

Brian
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