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Technology Stocks : PSINet, Inc.(PSIX) -- Ignore unavailable to you. Want to Upgrade?


To: harrypolo who wrote (27)3/19/1998 7:15:00 PM
From: Vinnie  Read Replies (1) | Respond to of 54
 
>>With many of the internet stocks flying high these days I just can't understand how a basic internet stock like PSIX is still at a standstill. Is there less here than meets the eye? Does anyone know?

Can't answer your question, because I've been wondering the same thing now for almost two years! This stock has been a dog for so long, I don't even follow this thread anymore...just decided to stop by on a whim. I bought into PSIX a long time ago, then watched it plummet, and now I'm just hoping for some kind of miracle turn around. They probably should of sold out to some larger entity a year ago when everyone else was doing the same (like UUNET, eg.). Instead they decided to go it alone....the rest is history. There are ONLY two ways this stock is going to pay off in the forseeable future: get bought out by someone like ATT or WCOM, or show some astounding earnings growth (not just revenue growth).

IMHO Vinnie