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

To: Jim Wang who wrote (1855)	1/23/1998 12:22:00 AM
From: Curtis Gruber	Read Replies (1) \| Respond to of 5650

PSIX got me confused, intraday movement was all over the place today, down 12-15% then swings up 10-15%....hmm...I figure stock to drop down below $7 come next week if no bid is accepted from any suitors. Been reading the articles where Macleary may up the bid to $15/share. Makes me wonder, if the guy is scrounging for the 400 million, where is he gonna get 50% more and pay 600million, and how long would it take him??? Guess we should hear something from him b4 tmw, still don't think PSIX would take it, but if he can come up with 500-600mill. that would be more impressive. Time will tell, we should have our answer in a few hours. regards, cg