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


To: 10K a day who wrote (5352)11/18/2000 2:51:48 PM
From: GraceZ  Read Replies (1) | Respond to of 5650
 
But I love their SI profile:

PSINet provides high-speed Internet access and related value-added (huh? was dat?)products and services to businesses throughout the U.S., Canada, Latin America, Europe, India and Asia. For the 9 months ended 9/00, revenues totalled $843.2M, up from $369.3M. Net loss from cont. ops. applicable to Common totalled $1.02B, up from $210.4M. (ouch!) Revenues reflect acquisitions and internal growth. Higher loss reflects impairment and restructuring charges.

I think the stockholders were impaled by those huge value-addled losses.....in other words (as they say on SI), they're really loosing money. Just ax Janus!