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


To: telecomguy who wrote (5268)11/9/2000 4:39:22 PM
From: Jay Fisk  Respond to of 5650
 
Took a while to locate this !

Bill S. discusses this quarter's earnings, projections, sales/leasebacks/Metamor/asset valuation etc.

A must listen ! Long or short.

cnbc.vcall.com



To: telecomguy who wrote (5268)11/9/2000 5:09:21 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 5650
 
That's the bet, but at this price with 2003 5vs sold
if she gets bought you likely get called early.
I bet she will bring $5 or better debt and all.
Any way I think some one planing a move on her
is now buying up the debt on the cheap..
They will stay short the stock until they get the
bonds as cheap as they can ,( going for .33 on the dollar
now ) then they can pay themselves back after they
take over the company :-)
PS
Any way I'm in PSIX for 1.15 commisions and all
If she drops that low I'll double up.

BTW I had a stock that went chapter 11, and held it;
it took 8 yrs but it came back and my stock was still
good, I never did understand why but that was years
ago when A.G. Edwards was my broker.