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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 59.46-2.7%Dec 5 3:59 PM EST

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To: Vito Bernardi who wrote (94)5/28/1996 10:14:00 PM
From: Chris Alexander   of 5650
 
Good news to all: The Nightly Business Report on PBS tonight did a feature on PSIX and it was very interesting. The head of the company said that the company MUST either partner or be bought to survive. It talked about how the company was concentrating on business and heavy users, etc.; nothing new there; then at the end, get this: the decision to partner or be bought will be made in the next 3 months! Doesn't sound like a very long wait.

I still think it will be Bell Atlantic. A recent court ruling allows Bell Atlantic to operate across L???, which had been a problem before the ruling. Bell Atlantic is also talking about offering internet service. PSIX and Bell Atlantic are already linked in some ways already I understand, but I don't know the details.

Chris Alexander
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