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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 54.29-1.2%Nov 25 3:59 PM EST

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To: Patrice Gigahurtz who wrote (5296)11/15/2000 8:12:13 PM
From: James F. Hopkins   of 5650
 
I think PSIX needs new management, and will get it before
this is over, I also think she is a take out candidate
and that the fix is in for a cheap price.
Other wise she would have already done a poison pill
for her share holders.
In short the shareholders have been screwed , and that
happens a lot in the market.
But this price is silly and what happens when the
50 million shorts start to cover.
-----------
Wcom has an internet backbone as big or bigger than AT&T
it's silly to think the major backbones of the internet
are going to go broke before all the other internut
plays. Right now they are tied up in a price war and
have drove the cost of bandwidth down but it's not
going to stay that way , we will see some consolidation
before it's over then the price of bandwidth will go
back up.
Jim
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