Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Curtis Gruber who wrote (1827)	1/22/1998 10:22:00 AM
From: Rubber Man	Read Replies (1) \| Respond to of 5650

There's a feeling that management isn't doing its job. I tend to agree with them. While 20 years isn't too long of a time for a RBOC, it is for an internet company (heck, you're not even 10 years old yet!). The deal to get fiber just looks worst and worst- orbital backbones will be in place within 5 years, and who knows what next? I think an important factor to look for is how well PSIX do in report time- possibly window-dress themselves enough for a better offer?

To: Curtis Gruber who wrote (1827)	1/22/1998 10:23:00 AM
From: Curtis Gruber	Read Replies (1) \| Respond to of 5650

910k shares traded already, not even an hour, is it gonna stabalize at 7 3/8???? will USnetworking(sp) counter offer???? oh well, time will tell, hope management has got a plan somewhere for the near future. good day, cg

To: Curtis Gruber who wrote (1827)	1/22/1998 10:27:00 AM
From: Sandie	Read Replies (1) \| Respond to of 5650

Let's face it...PSINet is Schrader's personal hunting ground. Any resemblance to a publicly held corporation is purely accidental. If there's anyone left out there who still believes this game is about share value rather than an exercise in pure ego gratification, then think again. I'm telling you that Uncle Bill does not share our concern about share value anymore than Captain Ahab fretted over the welfare of his crew. What the hell does he need us for? Oh that's right, he needed our money once upon a time. The market's going to beat him over the head today for sure but I doubt it will beat any sense into him. Even the press release was dripping with arrogance referring to "some company called US Internetworking..." Yes, it's a shell but I'd sooner put my money on a shell owned by Digex' McCleary than a gold mine run by Uncle Bill.