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

To: Curtis Gruber who wrote (1819)	1/22/1998 9:32:00 AM
From: Curtis Gruber	Read Replies (2) \| Respond to of 5650

while $10/share is a bit unfair to all of the long standing investors here, I do think 400 mill. is a pretty fair price for PSIX. Can't see anyone offering much more than that. Agree with RD Busch, offer sounds a little fishy, hope it is serious and hope they have the proper backing. Does anyone think we will see an answer today? Mtg is tmw. Wonder how PSIX mangement will react to this. Puts them in a spot, esp. since the stock has languished for so long. Easy way out at $10 cash and management turns it down? Means the heat is on them big time. BTW, why is stock price closed at %8 7/16, bid at 8 3/8 and ask at 8 1/4??? Seems all backwards to me? Let's see if opens higher this morning..... regards, cg