PSIX up 26.5%, Takeover(?) Message Board

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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: Patrice Gigahurtz who wrote (5221)	11/4/2000 4:46:04 PM
From: Curtis Gruber	Read Replies (1) of 5650

Patrice, nice link. I just want to know how much is in the kitty now. Psinet Ventures' value has probably been all over the charts this year. But what's the value today? And how much cash, if any, is in there? And if there is any cash, why is it sitting there or being used for investments when we need it to pay down debt and fund build out? I have always liked the leapfrog program. We've got the pipes and the capacity. Why leave it unused? Better to give it away to some quality companies in exchange for shares that may,hopefully, be worth something later on. regards, cg

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