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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 59.46-2.7%Dec 5 9:30 AM EST

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To: Ron Wargo who wrote (888)4/7/1997 9:38:00 AM
From: James F. Hopkins   of 5650
 
Hi Ron: The Web-Tv/Psix sliped by me, for some reason I never heard
of any deal. Today the MSFT/Web-Tv deal is all over the place, but
no meantion of PSIX. So you got me, it stands to reason that Psix
would be an attractive buy out..and if MSFT is on a buying spree
it could happen..I never considered them as a buyer..but that was
an oversight on my part..of course MSFT wants more action on
the internet..and why not by buying PSIX ?...hmmm and we would not
hear about it till it was almost a done deal.
As for Amerindo selling, what news I have is that happened some time
ago..and it still left Amerindo with a lot of PSIX, have you got
new reports ?
----------------------
Well I'm long on the stock, and also took a synthetic long position
buy selling puts.
When she dipped blow 7 the other day a strong
Bull counter attact kicked it..and she did not stay there long
enough for me to increase my position. You can bet there are a lot
of people who are standing by to pick her up if she dips back
down there..most of us smell a buy out...but we don't have any
hard evidence. ;-)
Jim
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