PSIX up 26.5%, Takeover(?) Message Board

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

PSIX 65.34

+4.7%

Dec 18 4:00 PM EST

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To: david thor who wrote (2151)	3/11/1998 10:10:00 PM
From: Curtis Gruber	Read Replies (1) of 5650

case in point: <<<<ICG sets 5.9 cents a minute long distance rate Englewood, Colo.-based ICG Communications Inc. announced Wednesday it will offer nationwide long distance service, through the Internet, at a price of 5.9 cents a minute. The company said its recent acquisition of Netcom On-Line, a national Internet service provider, gives it network facilities permitting IP telephony and data services in 166 cities by the end of the year. The company said its IP service will cover 90 percent of the U.S. long distance market. The 5.9 cents a minute price applies to calls originating and terminating in markets where the company has gateways. These rates apply to both residential and business customers. J. Shelby Bryan, president and CEO said "ICG's IP service will be of the highest quality and will be bundled with our local dial tone, Internet and data services in many areas." >>>> well over a million shares traded in just the tightest of trading ranges, only 3/8 between intraday high/low I believe. Someone has a lot more shares than they did last week.....c'mon Tek, fess up, how many more did you buy today???25k or 50k block???? cheerio, cg(p.s. thanks for insight on meeting, appreciate it very much)

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