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


To: Rubber Man who wrote (1872)1/23/1998 1:32:00 PM
From: david thor  Read Replies (1) | Respond to of 5650
 
My gut feeling is that the games haven't ended just yet, even though I don't know what the games are going to be! I find it hard to believe that just anybody could daytrade this PSIX stock successfully. If things do quiet down, I imagine that share price will settle in around the current range, but I'm much more interested in where PSIX moves forward with their IP-based telephony plans. That's their future, at least as they see it now and I think the reasoning is sound. The key to success in high-tech is being able to consistently predict and plan for the future, which means that you have to lay the groundwork before anyone else. PSIX is a gamble, but so are a lot of other companies which a currently being propped up by their stock price.

Later,
Dave