PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 54.08

+2.8%

Nov 28 9:30 AM EST

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To: Mr.G who wrote (5016)	9/16/2000 1:10:00 AM
From: Mark A. Holder	Read Replies (2) of 5650

I don't think todays PR could have gone any worse. From the minute I turned on CNBC this morning. All I hear is that PSIX claims that they weren't warning about earnings. CNBC didn't seem convinced. Not a good sign. Too many investors sold this stock today based on the media instead of doing there own research. Reminds me of Ciena last year. Most of those investors missed out on a 1,000% gain. How much would you pay for a $2.5B company growing revenue at nearly 40%? EBITDA growing from basically $0 to over $200M within one year. My guess would be significantly greater than the current price tag of $2.5B.

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