PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 71.66

-5.4%

Jan 30 9:30 AM EST

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To: blankmind who wrote (1529)	11/15/1997 10:33:00 PM
From: evan balter	Read Replies (1) of 5650

Regarding the $30 million in new investments. $30 mil is not a lot of money to the investment companies that invested in PSIX. If each one invested 5 mil, it really a small lose if PSIX fails. If PSIX is bought out , the rewards are great. Also, if PSIX is bought out it would happen, BEFORE they run out of money, not after. Good companies want to strong viable companies , not one near death. No aquiree wants to buy a company that will be a drain financially annd managerially to fix up. Buy now, kick out management, and its a nice fit for some telcom company. Plus 30 mil in cash. Evan

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