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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: CVJ who wrote (5637)5/1/2001 8:20:46 AM
From: JakeStraw   of 5650
 
PSINet fall mirrors hopes, decline of industry
The Baltimore Ravens, the football team that took PSINet's
name for their stadium, are everything that outgoing CEO
William Schrader wanted to be: a scrappy start-up that
went from nowhere to win the Super Bowl. But business
doesn't work like football. Even as PSINet's logo rides
high on Baltimore's stadium, the Internet service
provider's fortunes have fallen beyond all but the most
rosy hopes of recovery.
two.digital.cnet.com
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