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To: HandsOn who wrote (5739)	11/2/2000 1:47:35 PM
From: KevinMark	Respond to of 8046

Hey, John! GOAM reporting after the bell. Getting some attention. KM

To: HandsOn who wrote (5739)	11/2/2000 1:49:16 PM
From: Smart_Money	Respond to of 8046

I just got in from business meeting and trying to get up to speed. Now, PSIX...."At September 30, 2000, PSINet had cash, restricted cash and short-term investments of $1.0 billion, compared with $1.5 billion at June 30, 2000. The company's debt obligations were $3.6 billion at September 30, 2000, the same as they were at June 30, 2000." The debt is massive and consumes the cash. They spent 1/2 billion in 3 months. I think they are heading for BK and any buyer will wait with open arms at the BK court. I see no equity... after all, this is a equity market, sometimes investors forget Investing 101.