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

To: kathleen e duffy who wrote (1671)12/22/1997 12:24:00 PM
From: bob zagorin  Respond to of 5650
 
I'm with you Kate.



To: kathleen e duffy who wrote (1671)12/22/1997 12:49:00 PM
From: david thor  Respond to of 5650
 
<Geeeeeezzz. PSIX is hardly rolling over and playing dead>

Kathleen,

My "firesale" comment was more a reflection of the competition for subscribers and the difficulty for valuing an ISP, than it was a reflection of PSIX per se.

There certainly must have been a lot of buyers in the $7-10 range who thought it was a good investment at that price, and, unless someone can show me otherwise, I don't think they are any less attractive now.

The one issue, though, is the competition for subscribers.

Regards,
Dave



To: kathleen e duffy who wrote (1671)12/25/1997 5:39:00 PM
From: James Young  Read Replies (1) | Respond to of 5650
 
All - PSIX held up quite well during the Oct. crash. But within
recent weeks, it has dropped quite a bit. Is everyone
attributing this decline solely to tax selling and perhaps
hedge fund short selling small cap issues? It does not seem
to me that the fundamentals have changed much within the past
weeks? Comments anyone?


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