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


To: Christopher McCleary who wrote (1904)1/24/1998 10:50:00 AM
From: JAMES P. McVEIGH  Read Replies (2) | Respond to of 5650
 
Wall Street has only a few people who follow PSIX, and they are gunshy because PSIX has failed to meet their own projections so many times in the past. All of us know that once you disappoint these folks, you will not be recommended again until the bottom line proves that you are accurate in your projections. You are correct in seeing the value of PSIX far above the current trading range, but so do all of the shareholders. The takeout offer would have to be so tempting that we could not say no. I honestly feel that the explosive growth of the business could propel PSIX shares into the 20's within the next 18 months. Wall Street pushes the story stocks (remember ZZZBEST and others) that many times have no foundation, and neglect the solid opportunities until the price runs wild. I wish you luck in your venture, and it's possible you will takeout PSIX (at the right price).