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

To: blankmind who wrote (1615)	12/12/1997 6:30:00 PM
From: bob zagorin	Respond to of 5650

I bought 30 july 7.5 calls today for a $1 each.

To: blankmind who wrote (1615)	12/14/1997 2:09:00 AM
From: Elroy	Read Replies (2) \| Respond to of 5650

blankmind wrote: do not hold your breath waiting, since you will not see $5 on psix. *Uhmm, why not? If Netcom, with $40 million per quarter in revenue was worth about $140 million in market capitalization (pre-acquisition, Netcom was trading around $13-$14), then PSInet, with about $32 million in revenue per quarter, should be worth about $110 million in market cap, which equates to a stock price of about $3. What am I missing? Elroy