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


To: michael who wrote (1537)11/18/1997 9:35:00 AM
From: Curtis Gruber  Read Replies (2) | Respond to of 5650
 
PSIX acquires Prolink, Swiss ISP:

biz.yahoo.com

regards,
cg



To: michael who wrote (1537)11/18/1997 12:57:00 PM
From: blankmind  Respond to of 5650
 
lycos is doing well, quarterly revemues of 9.3 mil, and a profit of .01 per share. the share price is 33 for lcos. making money is great, but psix has to keep a eye on growth and expansion. psix has to show the expansion brings in the desired revenue eventually. but as psix expands its global network this will allow for it to compete well in the future. i guess i wil be waiting, but i will be surprised if psix does not see 10 by the end of next year.



To: michael who wrote (1537)11/18/1997 4:44:00 PM
From: bob zagorin  Read Replies (1) | Respond to of 5650
 
Michael: I'm sorry you took a loss but I'm glad you'll be free to move onto to something you feel better about.

I don't think the Lycos model is applicable to PSI at this point. Lycos is content / Software and their point is well taken regarding all the many internet search and content companies.

PSI is working in a different world. They are rolling out an international network that includes a lot of hardware, switches, fiber etc.

Yes they need to do better on customers, revenue and costs but, IMO, they need to keep spending money $.