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


To: Curtis Gruber who wrote (5559)2/21/2001 11:16:34 AM
From: KEN G  Respond to of 5650
 
"Can only assume they're having a tougher time selling assets than they&we thought. Either that or they're just not
getting the offers they want."
Good assumption. Look at Lucent who is nowhere near PSIX in terms of problems with their capitalization. LU is having a very difficult time getting a credit line and finding it almost impossible to sell two of their units at a fair price. If you were a buyer what would you do? Low ball and keep your fingers crossed would be my bet.
KenG