PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 54.65

+4.8%

12:39 PM EST

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To: PeterR1700 who wrote (5426)	1/3/2001 10:17:45 PM
From: barry fowler	Read Replies (1) of 5650

Peter, I think the market has over-reacted w.r.t. PSIX. However, I'm an engineer, not a financial analyst. Look back a few posts. The info there indicates the book value of the company is less than that represented in the stock price. However, w/ companies like PSIX in an emerging telecom market, I think speculation is in order. The reason I've been buying is that I don't think the NAS is going much lower (tonge in cheek after the Fed), and PSIX has bottomed out. I think it's an easy 10-bagger if it's not sold.

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