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

To: James Young who wrote (1693)	12/25/1997 6:03:00 PM
From: bob zagorin	Read Replies (1) \| Respond to of 5650

IMO, PSIX has real value because it has a great, deployed switched network. At $5, I doubt the stock will fall further because the hardware should support that basic value even if management can't operate the company. The big question, IMO, is just that. Will their business plan work? If so, the stock could be woth a lot. If not, it will get taken out somewhere between $5 and $15. The market will vote over the next couple months whether to support the PSIX plan of rapid expansion. The opportunity is big but the company hasn't proven its ability to execute profitably. The one thing we have going for us, IMO, is time. The internet world is moving rapidly. To service that need, companies have to move quickly. It should make more sense to acquire PSIX then build out from scratch.