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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 74.09+4.1%12:47 PM EST

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To: Vito Bernardi who wrote (714)2/3/1997 4:36:00 PM
From: Sam   of 5650
 
The $50 target was set by a Prudential analyst - not rumor. Of course, it remains to be seen if PSIX will ever reach that target price. My guess is there is way to much selling pressure from longs holding on; not wanting to take a loss on this stock. Most will probably hold becuase the future of PSIX is unpredictable - but when the opportunity presents itself to sell and break even - my guess most people will dump (unless, of course, some amazing news is the cause of a PSIX upswing...)

Sam
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