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

To: James F. Hopkins who wrote (5259)	11/9/2000 1:50:09 AM
From: Jay Fisk	Read Replies (1) \| Respond to of 5650

Thanks for the memories ! Seems like ten years ago. Looks like PSIX repriced/granted additional employee stock options yesterday: post.messages.yahoo.com That's pretty quick action for a BoD. Nice move !

To: James F. Hopkins who wrote (5259)	11/9/2000 10:00:12 AM
From: telecomguy	Read Replies (2) \| Respond to of 5650

I think the junk bond market and the internet sector is VERY different now compared to back then. As I said, aside from financing issue, the real problem with Psix is that it's business model does not generate enough margin to support a heavy infrastructure business. Hosting has good margin but unfortunately, the bulk of their revenue comes from wholesale & access business where their margin of 25% is totally inadequate.