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

To: Adam Smith who wrote (1448)	10/30/1997 11:26:00 AM
From: Ken Turetzky	Read Replies (1) \| Respond to of 5650

Adam, I got that table off the newswire, and it does represent June 30 figures. I think Stocksmart.com also provides institutional ownership numbers. PSINet Acquires Leading Internet Service Provider in France PR News Wire via Dow Jones French ISP CalvaCom SA Acquisition to Broaden PSINet's European Scope And Capabilities GENEVA, Oct. 30 /PRNewswire/ -- PSINet, the first commercial Internet service provider, today announced the acquisition of the Internet activities of CalvaCom SA in France. The acquisition is a component of PSINet's strategy to offer Internet-based business communication solutions to European businesses. According to Volker Kleinn, president of PSINet Europe, "The addition of CalvaCom's Internet activities to the existing European operations of PSINet means greater geographic coverage and expanded capabilities in terms of service offerings and Internet expertise. CalvaCom's success in providing Internet access, Web design and hosting services will strengthen our position in a rapidly growing market." "As one of the pioneers in the French Internet industry, CalvaCom is excited to merge its Internet activities with the pioneer in commercial Internet access," stated Francois Benveniste, former President of CalvaCom and newly appointed Managing Director of PSINet's new French operation. "PSINet's robust and secure network and value-added service offerings combined with CalvaCom's expertise in designing and hosting commercial grade Web sites will bring a powerful combination of global Internet experience with local expertise to the French business community." CalvaCom has designed Web sites for such leading companies as Total, Lacoste and French radio station NRJ, and manages more then 5,000 professional Internet access accounts. CalvaCom's electronic data interchange (CalvaEDI), international store, and forward message service (CalvaPro) will continue to be offered by a restructured CalvaCom SA under the direction of CEO Gerard Stevenin About PSINet PSINet is a leading provider of turn-key corporate Internet and intranet access, managed security services, electronic commerce solutions and Web hosting services throughout the United States and abroad. PSINet manages one of the world's largest and most advanced fast-packet networks, which provides state-of-the-art, high speed Internet access ranging from dedicated high-speed circuits to ISDN to high-speed modem dial-up. PSINet backs up its state-of- the-art network with the industry's original service guarantee, employing automatic back-up systems and crediting for service outages. Headquartered in Herndon, Va., PSINet has offices throughout the U.S. and subsidiaries in Canada, Japan and Europe, including Belgium, France, Germany, the Netherlands and the U.K. For more information contact PSINet by phone at 703-904-4100, by e-mail at info@psi.com or by accessing the corporate Web site at psi.net. /CONTACT: Annie Corboy of International Marketing, PSINet USA Headquarters, 703-904-4100, ext. 1219, corboya@psi.com; or Mike Binko, Public Relations, PSINet USA Headquarters, 703-904-4100, ext. 1597, binkom@psi.com/ 09:34 EST