PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 86.71

+7.1%

2:40 PM EST

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To: Ken Turetzky who wrote (1478)	11/10/1997 1:04:00 PM
From: bob zagorin	Read Replies (3) of 5650

Just listened to BT CEO on CNBC and his comments support my previous speculation that BT could be a future acquirer of PSIX. Now that MCI saga behind them and BT has a lot more cash in its coffers, BT will be talking to lots of U.S. players, he said. GTE is in the rumour mill but, as the largest independent ISP network, I continue to think that PSI makes a lot of sense. Of course, GTE recently acquired BBN so, if that's true, maybe BT-GTE wouldn't need PSI. BTW, iStar should make PSI more attractive to BT.

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