PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 63.23

-3.0%

1:52 PM EST

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To: michael who wrote (855)	3/20/1997 11:44:00 PM
From: James F. Hopkins	of 5650

Hi Michel: If she ticks down to 7, I'll sell some of my other holdings to take on more..I went through this with AMD last summer..psix is a steal right now. I'v loaded up using all my spare cash..AND I'v sold puts, oct 7.5 puts for 1-3/8 so I have to keep enough spare money to pick, her up in the event they put her to me, yet if they do that it will let me in her for 6-1/8..and at that point I may sell calls to reduce my nut even more. This is going to be a winner for me one way or another, it may take some time..but meanwile that put money is in my account drawing intrest. Psix is very likly going to get bought by some one, and they will you know try to get her as cheap as they can..so they will try to drive the price down, ( or already have ). I don't know how much you have in her ( cost wise ) but if you can afford it..average down.I'm conviced she is going to go, but I don't have a hurry up time table..my target is 12 by oct, sooner if a buy out comes. Jim

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