PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 54.24

-1.3%

3:59 PM EST

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To: Curtis Gruber who wrote (4563)	6/10/1999 6:04:00 PM
From: Mighty Mizzou	Read Replies (3) of 5650

Curtis and Dave, this is what has me on the sidelines for now. Love PSIX, you guys are great and working your asses off but this free access stuff in the U.K. is screwing up a lot of models. If PSIX stayed the backbone course and didnt get back into ISP's after giving it up originally I would have no problem. I personally believe it is only a matter of time until Sears or Wal-Mart does a Dixon's thing. I know you will realize appreciable revenue gains from your acquisitions before any of this free access stuff starts to hit home but the AOL cloud of doom will take it's toll on PSIX whether it's real or perceived. Steve Case sucks and so does Wall Street sometimes. Keep up the great work Dave, you guys are great! You dont deserve this. AOL (AOL: news, msgs) fell 5 1/4 to 105 3/4 Merrill Lynch Internet analyst Henry Blodget told clients Thursday morning he expected subscriber growth for the June quarter to come in at "the low end of guidance range, which was 750,000-850,000." Moreover, Blodget noted that "international subscriber growth is significantly weaker than expected, perhaps partially as a result of the "free access" movement in the U.K." He didn't change his revenue or earnings per share estimates, adding that "we do not see any major catalysts for AOL's stock until the fall."

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