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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: James Young who wrote (1534)11/18/1997 9:13:00 AM
From: michael  Read Replies (3) of 5650
 
Quote from Lycos ceo on CNBC this morning: "Those companies that do not focus on profitability will be left behind"
I'm afraid PSIX fits into this catagory, and will remain in the 5-6 range until the ceo creates some trust with wall street or turns his attention to frofitability, instead of borrowing money to dig himself out of a hole.

I have 1/4 left of my original investment and will probaly blow it out today as I bought ASND on Thursday at 23, and will probably double up on that.

Good luck to all those who are prepared to hang on for another year or 2
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