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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 54.57+3.6%3:59 PM EST

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To: David N. Kunkel who wrote (2009)2/12/1998 6:00:00 PM
From: Sandie  Read Replies (2) of 5650
 
Mr. Kunkel:

At a time when the retention rate is, by your own admission, declining, why embark on a new yardstick of "revenue per account"?

One of the problems afflicting this stock's performance has been management credibility. At worse, PSINet is attempting to obfuscate a troubling trend by shifting the goalposts. At best, it is an example of management's tin ear towards how the market will receive company actions and statements.

Whether naivete or duplicity, neither speaks well for management's judgement.
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