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

To: Oeconomicus who wrote (1803)	1/21/1998 4:47:00 PM
From: Winston Kim	Read Replies (1) \| Respond to of 5650

Something triggered the 2.5 million shares traded today..Maybe the buyout rumors?? Internet stocks have been sizzling.......Do you think everyone read the ZDNet story and wanted in b4 the release to major newswires tomorrow??? Could hit 9 tomorrow easy.... Wk

To: Oeconomicus who wrote (1803)	1/23/1998 6:36:00 PM
From: Christopher McCleary	Respond to of 5650

Mr. Buschman: I can assure you that we and our advisors, Friedman, Billings, Ramsey and Co and current investors could have funded a quick close of a tender offer. However, we were not allowed to submit our offer to the shareholders. The thesis of USi is very simple: the company is undervalued at $6.00, there is no movement the other way in shareholder value, the stock price is not at $6.00 because of lack of fiber capacity, the shareholders deserve more choice when the stock has performed so poorly for such an extended period relative to it's peers and the NASDAQ. Christopher McCleary Chairman and CEO USinternetworking, Inc.