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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 52.60-3.1%Nov 26 3:59 PM EST

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To: neko who started this subject11/3/2000 9:23:38 AM
From: Curtis Gruber  Read Replies (1) of 5650
 
If they do go ahead with the sale, I do expect them to reap more then VRIO which was 5 billion cash. I really expect a takeout price between $30 and $60, even w/the stock trading at 2 15/16.

So if you money to average down(which is never recommended) or to get in now you'll probably make a lot of money. I just feel bad for people who put all their money in at $45 or $60 and never sold. They may never see all their money again due to dilution of shares and then the write off. Basically they wasted all of our money by making a very expensive mistake.

But of course no one is perfect and we have all been their ourselves. Schrader is beating himself for buying MMWW at the high, most investors are beating themselves for buying PSIX at the high.

I miss DK,
cg
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