SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : PSIX up 26.5%, Takeover(?) -- Ignore unavailable to you. Want to Upgrade?


To: PeterR1700 who wrote (5607)3/20/2001 9:51:10 AM
From: Joel Patterson  Read Replies (1) | Respond to of 5650
 
> Question: if the co goes bk and is bought in a firesale,
> what happens to the shareholders?

If they declare Chapter 11, we are likely toast. :(

A painful lesson, but I only had a very minor position at 2. I live in the Northern Virginia area and know several people at PSIX. Hope they are doing OK, the market for their knowledge skills is not the best right now (there's an understatement....).



To: PeterR1700 who wrote (5607)3/20/2001 10:25:02 AM
From: Luce Wildebeest  Read Replies (2) | Respond to of 5650
 
Shareholders will get shafted. It's no secret.