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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 76.00+0.7%Jan 16 9:30 AM EST

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To: Richard Chow who wrote (4518)5/6/1999 8:17:00 PM
From: kevin mcguire  Read Replies (1) of 5650
 
Looks like the drop you mention occurred between 3:43-3:49...the last minutes of trading it stabilized back to the $47 level.

Looks a lot better than the sell-off in many other Internet-related names who sold off all the way into the bell. e.g. VRIO, EXDS, AOL. The volume was lighter than yesterday, and it has been decreasing on average from the peak established back in March.

IMO, not too worried about the price action as we continue to digest the 2ndry and some of the Q1 gains.

Kmags
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