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

To: michael who wrote (1661)	12/21/1997 7:35:00 PM
From: kathleen e duffy	Read Replies (2) \| Respond to of 5650

Michael, you can't compare PSIX with something like SPYG for long term value. Once PSIX completes the IIXC deal, the debt to equity ratio looks even greater that it already does. Not only that, but expenses for bandwidth go from the cost of doing business line to the depreciation line, very long term, too..20 years, I think. That WILL translate into earnings. If anyone thought PSIX was worth buying at 7 and 8 and 9, it looks terrific at 5. -kate long PSIX and marginally in pain, so to speak :/