PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 54.73

+4.9%

3:51 PM EST

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To: Robert Frisbee who wrote (4572)	6/21/1999 12:11:00 PM
From: Robert Frisbee	Read Replies (1) of 5650

HERNDON, Va.--(BUSINESS WIRE)--June 21, 1999--PSINet Inc. (NASDAQ: PSIX), the first and largest independent facilities based commercial Internet service provider (ISP), today announced a strategic investment in privately held Orientation Global Network, Inc., developers of Orientation.com, one of the world's fastest growing networks of regional and country Internet portals focused on emerging Internet markets. In return, PSINet received an undisclosed amount of convertible preferred stock and other benefits. I checked this out....a snippet from PSINet's latest "investment?" noshit.com.au mmmmmmm....... great info :-(

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