PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 53.28

+1.3%

9:35 AM EST

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To: J D B who wrote (5110)	10/4/2000 9:41:25 PM
From: lupaka	Read Replies (1) of 5650

J D B - is there good upside in this over the next 3 months? I would not have thought we would be at $7 today if you had asked me 2 months ago. But throw in P6s downward revisions, again, and that Sept/Oct are historically bad months for the market and here we are. The NAZ has also traded between 3400ish and 4200ish the past year and we are now at the lower end of that range. P6 has disappointed the street with its guidance and now has a black eye that will take 2-3 quarters to rectify. It MUST meet the expectations/guidance it recently gave out. If so it should drift up with a positive market to $15ish longer term, probably 9-11ish near term. If they come out with any more bad news the street will treat them like a bankrupt .com and take it down to $3 (remember GSTX guys?). I still have faith and believe the former will occur. I look for the NAZ to rally back up to 4200ish after the holidays. IMHO, now is a good time to load up on depressed issues for some good short term gains. Good luck & welcome aboard, Lup

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