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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 62.95-4.3%Dec 12 9:30 AM EST

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To: Daniel Fisher who wrote (154)6/7/1996 12:18:00 AM
From: Chris Alexander   of 5650
 
That is the announcement I have been expecting! What Daniel doesn't seem to understand is that BEL is making that announcement because, I believe, it got the approval it needed and will now buy PSIX.

This announcement by BEL fits with my thinking on the takeover perfectly. Daniel, I hope PSIX does go down, because it will be a buying opportunity shortly before the PSIX/BEL announcement I am hoping for.

BEL has no infrastructure set up for this as I understand it. Where else are they getting it to enable them to market this other than from PSIX; it is all an inside done deal. I could be wrong, but this is consistent with my expectations.

If the buyer is BEL, the takeover announcement should be imminent. Remember, a week or 2 ago I said, the deal will happen within 90 days.
Chris
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