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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 54.94+5.3%3:59 PM EST

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To: barry fowler who wrote (5425)1/3/2001 2:57:44 PM
From: PeterR1700  Read Replies (1) of 5650
 
Barry - I've owned psix for a couple of years so the recent bath hasn't been too painful.

I'm struggling with buying more shares and would appreciate your thoughts.

My guess is that the value of the company far exceeds its current stock price. But the worse case scenario is that they go bk and are sold at a fire sale.

If this occurs, what do you think would happen to the shareholders and any guess as to the buyout price based on assets vs debt?

TIA
Peter
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