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

To: bob zagorin who wrote (2174)	3/12/1998 9:54:00 PM
From: Ed Frye	Read Replies (2) \| Respond to of 5650

great day for PSIX longs - 3MM+ = 5x ave daily vol today - we may see another couple million shares trade tomorrow..... THREAD: =====> i have a request - if anyone has access to afterhours trading - i opened a position in HYBR today - another internet company but different technology from PSIX - and they warned after the bell - and i'm wondering how much damage is going on - any help anyone?//ed

To: bob zagorin who wrote (2174)	3/12/1998 10:46:00 PM
From: Curtis Gruber	Read Replies (1) \| Respond to of 5650

hey howdya like the move today???? gotta love it, awesome volume and the option volume was double to triple from what yesterdays volume was, same calls too, the April $7.5 and $10's. Wow, gotta love todays move, haven't heard much on why though, and tell you the truth, I am at a loss myself. Nice to see the reiteration, but that can't be it, in fact I don't even see it on any of the major wires.(though thanks for posting it above). Probably close to 10 million shares traded in the past 5-8 trading days,(don't quote me on that)....that is a lot. Closed right near its intraday high too, so me guess we see at least $11 tmw since we broke right through $9.75. Maybe Mac should've offered $15/share right off the bat. With PSIX having a market cap over 500million now, I could see where they could command a buyout/merger price of $750million-1billion/share. Not too hard to imagine....boy if that would only happen. Anyone else got any thoughts on why such heavy buying on shares/options? Can't be followup to the article from yesterday could it?(http://www.zdii.com/industry_list.asp?mode=news&doc_id=PR19980311DCW009&ticker=psix) oh well, anyone gonna take a little off the table tmw? Might be wise if volume begins to slow down, probably happen anyway from some of the bigger holders as weekend gets here. regards, cg