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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 61.64-3.2%1:57 PM EST

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To: Daniel Fisher who wrote (75)5/25/1996 6:08:00 PM
From: Sung Q. Kim   of 5650
 
Didn't WSJ column mentioned PSIX worry about hostile takeover?
You can use your own speculation as I do.
But, half of what it's today?
Can'y you be reasonable?
This company can sustain itself pretty well and its market share is growing in incredible speed.
Let's look at the simple facts.
IN 1994 their total asset was 17M, In 1995, it was 201M!
Their price/Book ratio is 3.08 while industry average is 10.02!
And their reinvestment rate is 100%!
# of institutions holding this company is 61!
Those are the basic facts. Now how about prospects.
As we all are experiencing, any company related in internet field whether in software or hardware, show great potential.
The only problem is nobody knows who will be the last winner.
But for the time being, this is the business that we can expect certain degree of growth!
I believe speculation should be based on justification by certain degree of facts, not by wild guess like, "in my experience."
If your experience is that much important, tell us what is the level of you experience in this field. I myself have SOME master's degrees in engineering and being involved in computer business for about 13 years. I don't mean offensive to your opinion. But it's definitely not nice to scare people without some facts.
Thank you for your comments, anyway.
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