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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 62.33-2.1%10:57 AM EST

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To: Dan B. Weeks who wrote (953)4/25/1997 4:15:00 PM
From: Charlie Yang   of 5650
 
I would rather view PSIX as a baby telephone service provider 100 years ago. Sooner or later, PSIX will be bought out or merged with other players (even a utility company could buy PSIX!). Risk is always associated with an early investment of a future growing business /services. I am not talking about a year. This time horison should be ten years or even longer. I believe PSIX investment today will ultimately be rewarded no matter you bought it in at $25, $15, or $6. Look at MCI at 20 years ago and compare. Over 25% of FORTUNE 500 firms are PSIX' customers and many big Wall Street firms are PSIX's customers. People are concerning the future competitors' impact on PSIX. Do more competitors mean an explosive new industry as well? Be an investor and buy and hold will be paid off.

Charlie
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