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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 66.64-0.6%Dec 24 12:59 PM EST

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To: kathleen e duffy who wrote (2119)3/5/1998 10:39:00 PM
From: Teknvstr  Read Replies (2) of 5650
 
Somethin' good's going on here!!!! Big buyers...technicals completely reversed up...went long again today...this time we go all the way to 12 1/2.....Lots of money going out of hardware stocks today, and going into Internet related stocks.....In my opinion, CD Now and especially Double click are two of the best new issues in the last several years, along with AOL, YHOO, XCIT, AMZN....this internet commerce will eventually bode extremely well for PSIX. Corporations are catching on to two things fast: 1)Doing on-line business generates incredible cost-savings in the business model (no salesmen/clerks/receptionists, etc. needed to handle an order) and 2: Advertising on the net generates a tremendous amount of new business. Hopefully PSIX will continue to be the access of choice for companies deploying internet technology. I think it's a double from here this year...and a triple by mid '99....Tek
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