PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 62.95

-4.3%

Dec 12 9:30 AM EST

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To: HVN who wrote (1935)	1/27/1998 12:29:00 PM
From: wtett	Read Replies (2) of 5650

Hubert, Actually, revenues have grown from 16 million in 1994 to probably about 120 million in 1997. Pretty good growth. The problem is they have appeared to be very unsure of where they want to go with the company. Dropped out of the consumer business, decided to focus on profits and cash flow, then decided to emphasize expansion and deemphasize profits. Management is projecting annual growth in revenues for the next three years of nearly 100%. You can bet your bottom dollar if they accomplish this they will make money and the stock will do well. It's just a matter of passage of time and measuring results.The analysts are not supporting the stock because management has not delivered on past promises.They all say "show me."

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