PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 67.07

+0.5%

3:59 PM EST

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To: kathleen e duffy who wrote (920)	4/19/1997 1:23:00 PM
From: James Young	of 5650

Kate/All - I'm heavily invested in PSIX and getting more nervous everyday as PSIX drifts lower. As for as PSIX's fundamentals, if it has not changed then why would an astude investor such as Amerindo be selling his stakes? He's definitely not "doubling up" to lower his average share price. BTW, does anyone know what his current stake in PSIX? In addition, I recalled last December PSIX announced that they would be profitable as early as Q1 of 97. One month later PSIX announced they would'nt be profitable until 98. I never understood this. Was it a miscalculation on their part? I also have read that PSIX has one of the worst management in the Internet business. Any comments from anyone?

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