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Technology Stocks : PSIX up 26.5%, Takeover(?) -- Ignore unavailable to you. Want to Upgrade?


To: PGH1037 who wrote (5198)11/3/2000 12:31:09 PM
From: Luce Wildebeest  Read Replies (1) | Respond to of 5650
 
The danger here as I see it is...PSIX could go bankrupt to rid itself of the debt. I was invested in a company called Cai Wireless that did just that and not more that a few months after the 'judge declared the assets basically worthless MCI bought the emerging company for $28 a share leaving shareholders out in the dark with nothing. That was a bitter experience for me and many others. I'm holding 500 shares of PSIX so I'm not too bad off. Sorry for all those in much worse shape than I. niv niv