PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 52.15

+1.3%

Nov 21 9:30 AM EST

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To: Jay Fisk who wrote (5492)	1/29/2001 3:14:47 PM
From: michaele23	Read Replies (1) of 5650

Jay or anyone: thanks for the good information on PSIX. I recently took a position in this company based mainly on technicals, and have been doing fundamental analysis to see if I wanted to increase my position. I have a few questions/observations if anyone has a minute to comment I would appreciate it. First, I see that earnings are set for Feb 1 but briefing.com says that is unconfirmed. Can anyone confirm that date? Also they are to announce their restructured business plan on the 22, I wonder if the real information that might be garnered from earnings will come then, at least in great part. I am also wondering what to look for from the earnings announcement. Xpedia lost 653mm of last years 1.4 billion loss, so it appears that with that off the books their burn rate will drastically reduce. Right now I am looking/hoping to see continued revenue growth and lower losses for the last quarter. I know Jay the you mentioned getting the burn rate down to 100 billion a quarter. Last year it was 500 according to what I have read, that is a big jump and without more than I can see now I am not sure they can get there. However, even at 200 billion per quarter, they still get to 2002 and I do think that with interest rate cuts and an improved economy the last six months of the year that that will be tremendously improved by the end of the year in any case. I think that all it will take is one good piece of news for this stock to go back above 7, and that there are many possible bits of news that could happen. Also if the meeting on the 22nd shows a well thought through plan the company could see a strong steady come back. Any comments? TIA Michaele

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