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

To: Curtis Gruber who wrote (5572)	3/5/2001 9:56:56 AM
From: Curtis Gruber	Read Replies (1) \| Respond to of 5650

What we probably know. Psinet had 665million in cash avail. as of October. 4months later they should have 350-550 left,IMHO Psinet is supposed to have sold TNS for at least 325million(haven't heard any verification) Psinet is supposed to have either sold outright or spun off Inter.net(still have not heard any details on all important financials.) Psinet has delayed earning due to wanting to sell certain assets and give firmer guidance for future quarters, per Kevin Libby.(March 12 per Moneycentral? March 29 per zdnet article?who knows) Psinet may have sold a unit of MMWW (Decan) for 40-50 million(???). Seems like PSIX is executing on its pland to raise capital. Don't see why they would buckle now and sell the company like this. The way the article presents it is like its a garage sale.."make me your best offer." Hopefully this article is wrong, like Deal.com and they're reporting rumor instead of fact. Guess we wait(some more) and see. cg