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


To: Patrice Gigahurtz who wrote (5375)11/25/2000 6:22:21 PM
From: Rutgers  Respond to of 5650
 
Don't count P6 out so quick, this horse just needs a new trainer...

and with the amount of shares being exchanged over the last two weeks, it looks like it is getting new owners as well...I could see shooting a four-legged animal like Amazon.bomb that doesn't have a lot of meaningful hard assets, but PSInet seems to have quite a few...as soon as the capital mkts loosen up again, which may be as early as Jan-Feb, perhaps GS can properly groom this animal and parade her around the road-show circuit to drum up some whispers on the ol' buy-out front...in the meantime, here are a couple of interesting articles that recently came out:
PSINet: Don't Count It Out
techweb.com and
Plans for Changes
washtech.com



To: Patrice Gigahurtz who wrote (5375)11/26/2000 9:38:42 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 5650
 
RE> Will there be another PCLE type rescue ? <<<
XOXO would love to have PSIX they aint talking
yet but someone is buying up the bonds on the cheap.
They wouldn't want PSIX to go up before they got
the bonds in fact they may even be short PSIX
who is buying the $5 2002 & 2003 calls ?