PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 66.76

-2.9%

3:59 PM EST

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To: Sandie who wrote (1802)	1/21/1998 6:35:00 PM
From: bob zagorin	Read Replies (3) of 5650

sandie: it seems to me you have become very negative recently. i remember you sharing my general positive feelings about psix and its business plan. am i mistaken? or what made you change your mind? do you still have your psi position? as far as the $10 offer, i would vote against it and for the fiber agreement but i do think this could possibly generate some additional interest by other cos. that have been eyeing psi from a distance and thinking there was no sense of urgency to move forward. i might also add that in may 1996, uunt had sunk to the low 20's from a high of about 80 but was taken out by mfs (now part of wcom) for close to 60. the general consensus at that time was that uunt was doomed by the entry off at&t etc. into their marketplace. so it clearly is possible for a facilities-based isp like psi to go for 2-3x its current share price.

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