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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: bosquedog who wrote (5316)11/16/2000 2:57:55 PM
From: A. Fineigler  Read Replies (1) of 5650
 
Getting GS on board is excellent news for PSIX because it means they are going to maximize shareholder value short term by sale or partnerhsip rather than bleeding to death.

PSIX' cash alone is worth a great deal more than their current stock price. You could buy the entire company for $5/share, break it up, keep the cash, sell the parts, and walk away with a nice profit.

The GS thing is very positive. C&W et al could do worse than buy PSI, if the price is right.

AF
AF
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