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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 51.79-0.8%3:37 PM EST

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To: phil davidson who wrote (4599)7/16/1999 12:32:00 AM
From: Curtis Gruber  Read Replies (2) of 5650
 
Eventually we will run out of gas, at least for the short term, just tough to guess when, for any that have shares they are trading.

I have a bunch for the long term and some I trade, but I have just sat back in awe at this latest run, I think we're just about at a 100% gain in the last month.

Every time I think it's about time to give back we push ahead. I have never seen PSIX behave like this. It's near frightening.

For all those would be suitors out there, I wonder what they're thinking as they eyed PSIX in the $30's scant weeks ago, only to see it's price tag swelling and swelling along with it's buying power.

As our market cap continues to increase, I would expect to see more cash/stock deals. Of course PSIX management has been savvy enough to raise funds at opportune times, so I guess the war chest continues to remain full. How nice.
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