PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 54.51

+0.7%

12:23 PM EST

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To: Frank Mathis who wrote (968)	4/30/1997 5:23:00 PM
From: kathleen e duffy	of 5650

"Insiders"? Having to file Form 144 to sell stock simply means that the filer owns "restricted" stock... that means, I think, stock bought in a private offering or deal. Such as stock purchased prior to an IPO, for example. You certainly should not assume such a filer is an "insider" unless you see his/her name listed as management or board of the company. Insiders are subject to other restrictions on sale and purchase of stock, in addition to Form 144. Additionally, I would not assume PSIX has "dog" status because of a low share price and a few large blocks passing the wire. Because of the low share price on this and other tech stocks, you can bet a few of the big players (and small ones) are needing to meet margin calls. A fact of life in this market, it seems. PSIX is not the only stock with good results that is trading low. -kate who has an interest in PSIX

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