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


To: A. Fineigler who wrote (5317)11/16/2000 3:03:12 PM
From: bosquedog  Read Replies (2) | Respond to of 5650
 
PSIX' cash alone is worth a great deal more than their current stock price. You could buy the entire company for $5/share, break it up, keep the cash, sell the parts, and walk away with a nice profit.


Have you worked up a set of numbers to show that? It would be helpful for this discussion. It is not clear to me that the prices PSIX paid for some of their assets can be recouped dollar for dollar.