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


To: Pierre who wrote (1518)11/13/1997 9:23:00 PM
From: Dan Hamilton  Read Replies (1) | Respond to of 5650
 
I think the likliest scenario for PSIX is the same one encountered by iStar before they signed the stinker of a deal with PSIX. Invest lots of money consolidating smaller ISPs and creating POPs and a customer base. Run out of cash and get taken over for a song by a larger player. I give em 6 - 8 months till the vultures move in.