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

To: Willy who wrote (1754)	1/7/1998 3:53:00 PM
From: blankmind	Respond to of 5650

1. 7 seems to be resistance for psix. 2. we now know more about psix from recent articles (good and bad). 3. sometimes a stock scares you and you are happy to be leave with a small profit/loss. 4. no buyout coming. 5. risky business plan with much upside/downside potential. 6. i apoligized for predicting this stock would not go under 5, which is when it promptly turned around. where are the bears now? i will feel some relief if we can break the 7 barrier, until then holding on and hoping.

To: Willy who wrote (1754)	1/7/1998 6:26:00 PM
From: Richard Makowiec	Read Replies (1) \| Respond to of 5650

<<<Why would anyone get out now?>>> Like I said, "The thought is in my head". I wanted out and ended up with peanut gains for the 1 month play. I'm reducing holdings in all No PE/High PE & low book val.(relative to share price) stocks I have. Obviously PSIX met this criteria. Like I said though, "I like the CO. I like the sector". Heck, I really want to be holding something here (Sector), I missed OZEMY's bottom and also CNCX's...missed PSIX's too (entered at $6 9/32...out $6 7/8). The market in general has alot to do with my actions here(and also the IIXC deal too). Too tired to even try and understand this detail for the future...I'm tired of working the numbers and to be honest I don't like the terms at all...period. Good luck to all of you though. I remember this stock at $9-10 and never thought it was overvalued...of course that was awhile ago, more debt exists today but my point is I liked it before and now...just not holding anymore. PS: Like I said...I'll still watch it and if the rally in convincing may jump back in later. I don't care if it goes to $8 tomorrow and I jump in then for a trendline to $10-11...it's called, "Hopscotch"...I don't mind playing that game either:) Just getting tired of this Asian Circus...already and how it affects our market. Jan. earnings (in general) should send us all up, but I'm not counting on anything anymore:( Have a nice night all, Rich