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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 72.82-1.5%3:59 PM EST

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To: david thor who wrote (1573)11/29/1997 5:56:00 PM
From: Curtis Gruber  Read Replies (1) of 5650
 
Anyone buying PSIX right now????
I am not biting any more at these prices....if we see it break down again, past $6 then I will probably pick up some more...it rebounded nicely after the drop to 5 7/8......

Not sure of which direction PSIX is going in now....would love to see some merger rumor, if PSIX doesn't at least take advantage of the frenzy we're in now and at least open themselves up to some talks or speculation, anything. The market is salivating on telcom mergers, anyone is fair game, even T(maybe that's pushing it), but with PSIX even with the messed up management, even with the deal with ICIX(?...getting mixed up with NETC and ICGX), PSIX still remains a strong takeover play for many of the bigger players.

regards,
cg
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