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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 77.25-2.0%Jan 23 9:30 AM EST

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To: Ken Turetzky who wrote (1601)12/10/1997 6:08:00 PM
From: Richard Makowiec  Read Replies (1) of 5650
 
I'm in at $6 5/16 (my timing stinks today, coulda got $6). Anyway, not a bad play at these prices. Not sure about buy-out on this one...I know everyone speculates about it...that IIXC deal took the odds down substantially (IMHO). On the flipside though...when you least expect something, I guess expect it! Who knows.

I think if anything a foreign co. may get interested due to the "pipes" being secured for the future. Don't really think an rboc would come in on this one. Who knows, maybe IIXC has the intent to do the deed, but is stretching/delaying it. The "Pipe" agreement may have been designed to "trick" the market into believing that they don't want them as a whole...when they really just might.

Anyway, hope I can add to the thread content. I'll try to post anything I come along...good or bad.

Have a nice night all.

Curtis you here ole friend?

Rich
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