PSIX up 26.5%, Takeover(?) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

PSIX 65.74

-1.4%

3:43 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Oeconomicus who wrote (1837)	1/22/1998 11:52:00 AM
From: Rubber Man	Read Replies (1) of 5650

Let's just say I think this stock got a much needed boost from the has-been rumour. It was expected that $10/share will be rejected. While I don't like the fact that PSIX committing everyone to a 20 year deal, I certain am not recommending that they nix it. What concerns me is that at the pace of technology, who knows what this backbone be worth in the future (IMO due south)? The infrastructure can only be expanded X times (multiplexing, etc) and wireless will probably be the craze soon enough. Regarding the bit about the future- the opportunity cost of holding PSIX stock to 2000 is far greater than daytrading the same amount of money till that time..

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next