SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 52.60-3.1%Nov 26 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Curtis Gruber who wrote (5200)11/3/2000 2:10:12 PM
From: Patrice Gigahurtz  Read Replies (1) of 5650
 
Curtis: At what point would you admit that this was a mistake to invest in this company ? I got in at $10 3./4 in early August after I saw it fall thoughout the year. I could have sold on earnings eve a few days ago and would be out just 3 3/4 points, now I'm down BIG TIME. I heard the PSI interview and he sounds reasonable and wise but at what point do you, or I for that matter, just give up and walk away from this mess ?

I recall being in the same boat with another company's stock in 1998 (MCRE). They too had a dire earnings release then (in 1998) and their stock tanked BIG TIME the next day, I sold at $4 and the stock over the past several years came back to hit the $30s and rest now at $10. They sold off some assets and made a go of it with what they had left. Can that happen here with PSI Net ? Who knows, but I sure as hell would like to know one way or the other soon.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext