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: Srexley who wrote (5633)	4/23/2001 10:24:45 PM
From: Zhivago	Read Replies (1) of 5650

I don't own any of this, but have followed this sector. Here is a little info: Internet accesss provider PSINet, which has warned it may go out of business or reorganize under bankruptcy protection laws, is another possible target, said Marco Fasoli, a managing director at takeovers adviser Broadview. He said C&W is one of of the few companies currently able to snap up such ``distressed assets''. biz.yahoo.com

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