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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 78.68+1.1%Jan 22 3:59 PM EST

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To: blankmind who wrote (1615)12/14/1997 2:09:00 AM
From: Elroy  Read Replies (2) of 5650
 
blankmind wrote: do not hold your breath waiting, since you will not see $5 on psix.

*Uhmm, why not? If Netcom, with $40 million per quarter in revenue was worth about $140 million in market capitalization (pre-acquisition, Netcom was trading around $13-$14), then PSInet, with about $32 million in revenue per quarter, should be worth about $110 million in market cap, which equates to a stock price of about $3. What am I missing?

Elroy
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