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 3:59 PM EST

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To: neko who started this subject	2/20/2001 9:23:16 PM
From: Curtis Gruber	Read Replies (1) of 5650

IR page still has earnings coming out in March. No specific date. With only 6 trading days left in February, not sure why we don't have a date by now. psinet.com Can only assume they're having a tougher time selling assets than they&we thought. Either that or they're just not getting the offers they want. If TNS rumor was legit, they may be saving it for one big announcement where they can release details on multiple asset sales instead of announcing them one at a time. That would have a greater effect(i.e. "Psinet now has well over $1,000,000,000 in the bank after the sale of TNS, Inter.net and the remaining XPDR/MMWW assets which is more than enough to fund day to day operations as well as an aggressive global expansion through Q4,2002 which will be three full quarters after Psinet expects to reach full companywide earnings profitability.") Here's to hoping,huh? cg

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