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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 54.15+2.9%12:59 PM EST

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To: Curtis Gruber who wrote (5095)10/1/2000 9:54:26 PM
From: Lance  Read Replies (2) of 5650
 
That article did hurt...but it is OLD NEWS!! This is new news: BusinessWeek od Oct.2nd Page 10 carries the following news:
"Inside Wall Street Online: Suitors could be calling PSINet"
This refers to an articleby Gene Marciel on:
"Very Undervalued" PSINet Could soon Have Suitors Calling.
The estimated figures for PSIX are
1- Hosting opereations alone are worth $3billion
2Internet Service provider worth addiyional $3.2 billion
3-e-business consulting support plus PSINet venture capital portfolio are worth $1.5 billion
These assets compined as the expert's estimates worth $7.0 to $7.5 billion or $30 to $35 a share.

Um can you say SQUEEZE????
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