PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 54.94

+5.3%

Nov 24 3:59 PM EST

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To: Mr.G who wrote (5315)	11/16/2000 2:30:43 PM
From: bosquedog	Read Replies (2) of 5650

I probably need to clarify my question. Why would announcing you are going to sell some assets make XPDR stock go up? I am aware that PSIX had previously mentioned they might sell XPDR if they could. That is probably why it is treated as a discontinued operation in their financial statements. Course, I also don't think hiring Goldman to sell PSIX assets is good news for PSIX. To me it means the accountants could not figure out a way to get the company cash flow positive in a reasonable period of time.

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