PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 63.33

-0.5%

3:59 PM EST

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To: Vito Bernardi who wrote (74)	5/25/1996 8:55:00 AM
From: Daniel Fisher	of 5650

Veto if it cost 75-100K for each brand new access point and they have 250 (old ones) why would someone pay 20 times that to buy the company???? Also PSIX has bad service and does not score well on surveys...so how much are the customers worth? Don't let the UUNT deal suck you in. UUNT has great service and great deal with Microsoft. The price MFS(MFST) paid for UUNT was very high but justifiable especially when you consider this was a stock deal and MFST stock is at a big multiple. Yes, I think you're right, that they will sell out, but top dollar might be half of what it's at today. Also, my experience is when a company publically announces they've hired a banker to look around for them it means that no one is knocking on the door. If there were buyers they would be calling the lawyers to finish the deal... not their broker.

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