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


To: kathleen e duffy who wrote (2068)2/22/1998 12:42:00 PM
From: Curtis Gruber  Read Replies (1) | Respond to of 5650
 
Kate, not just the 100k traded then, really
1/2 the volume for the day occurred during the last hour of trading whch cause the precipitous fall, but it did rally back a bit. Down 3/32 is not bad for a bit of Friday profit taking.

Maybe Mac decided to sell a portion then. Figured the release would have more credibility if PSIX ended day in the red...hey you never know.

regards,
cg



To: kathleen e duffy who wrote (2068)2/22/1998 2:49:00 PM
From: wtett  Read Replies (1) | Respond to of 5650
 
I disagree Kate. The stock sunk like a rock in the afternoon. Volume was 50% above average and the bid appeared to completely vanish. I guess I was spoiled by the number 8, and I'll admit to having too much time on my hands. I'll bet money someone was in for the deal and got wind, or Chris and friends might have been sellers. As they say, the seller Friday was "motivated."



To: kathleen e duffy who wrote (2068)2/26/1998 2:42:00 PM
From: michael  Read Replies (2) | Respond to of 5650
 
just checking the price of PSIX..still down 40% from last year...Kate I would have thought you had more sense than to hold for over a year and still be down 40%.

Good luck to the believers