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

To: Michael Kim who wrote (1555)	11/22/1997 9:39:00 AM
From: bob zagorin	Read Replies (1) \| Respond to of 5650

excerpt from Network World analysis of WCOM / MCI. "...Holy Internet backbones No doubt, local services are what Ebbers and MCI Chairman Bert Roberts want the federal watchdogs to keep their eyes on. But the fact is, WorldCom's growing dominance in the Internet market will be increased dramatically with MCI's backbone and customers. Between WorldCom's pending acquisitions of ANS Communications, Inc., CompuServe Network Services and MCI's Internet network, WorldCom's Internet properties will expand to more than 1,800 point-of-presence sites worldwide. WorldCom will be carrying more than half of all business traffic that goes over the Internet if the MCI deal goes through, said Thomas Nolle, president of CIMI Corp., a Voorhees, N.J.-based consulting firm.'' Seems like someone will have to make a move soon to grab PSIX or cede this market to WCOM.

To: Michael Kim who wrote (1555)	11/22/1997 10:43:00 AM
From: Curtis Gruber	Respond to of 5650

Yeah MK, it was screaming at me, so I loaded up at $6.50, also nibbled on the Jan $7.50 calls, though I paid more than I had to for them. Happy so far with the support above $7(short term), and the 4 day rise(15-20%), not sure if PSIX has the stuff to make it, but am willing to let this caper play out a bit more....like someone posted earlier, the consolidation going on is more than any CEO can thwart....if some telco wants PSIX they're going to get it, even if they have to make an offer that the CEO can't refuse(although the shareholders might, see NETC) Good volume these past 4 days, guess lots of people are taking advantage of bargain prices with PSIX...... Hey, if no one is gonna buy em, I'm glad their scooping up the small fries, go ahead and firmly establish your international presence, become a player, may hurt the earnings short term but better than hibernating like they have been doing. I like all the action so I'm in it till at least Jan(hoping)...... regards, cg