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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 66.09+4.8%2:02 PM EST

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To: drifting the world who wrote (1920)1/26/1998 4:39:00 PM
From: Randy Tidd  Read Replies (1) of 5650
 
> I believe that PSI will sit for a period of time between 6-8 then
> another suitor will appear. The future of PSI is bright. Time is
> on its side.

Actually I disagree. Because of this deal with the devil that they've signed with IIXC, they need to show roughly 42% share value appreciation every year for the next three years, or they will have to dilute shares or go into debt to satisfy the IIXC agreement. PSIX has to bust a move pretty soon and show some positive cash flow and, most importantly, increased share price, or they're just going to get deeper into the hole.

Randy
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