PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 52.15

+1.3%

Nov 21 9:30 AM EST

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To: David N. Kunkel who wrote (4588)	7/1/1999 7:26:00 AM
From: GHowe	Read Replies (1) of 5650

PSIX has had a rather quiet quarter in terms of new announcements, it seems to me, and has been intensely focused on making acquisitions and network buildouts in the "rest of the world" where it does not currently have much presence. I am still anticipating that the company will have its tenth consecutive quarter where it exceeds analysts estimates when it reports Q299, and perhaps we'll all get some color as to management's overall strategy in the conference call. Given that there was substantial interest in the secondary offering at $50.50, I suspect that institutions will be hanging on to every word, IMO.

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