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Strategies & Market Trends : Rande Is . . . HOME

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To: Goodale who wrote (43225)	12/13/2000 8:50:34 AM
From: Rande Is	Read Replies (2) of 57584

Regarding the web host takeovers. . . . PSI Net, Inc. still looks like the best value for playing the FON announcement. PSI needs a bigger company to step in and turn their biz around. Their operating costs are sucking up those impressive revenues. PSI brings in a billion a year yet has a mkt cap of 308 mil. And of the half dozen or so web host/farm companies that we looked at yesterday, none of them had higher yearly revenues than PSIX. . . . and as of this morning, none of the companies we looked at have a lower market capitalization than PSI. Careful of momentum action/volatility with speculative traders. . . Rande Is

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