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

To: Kerry Lee who wrote (2191)	3/17/1998 12:06:00 AM
From: Curtis Gruber	Read Replies (2) \| Respond to of 5650

<<< we witnessed yet another test of faith / weak hands shake-out.>>> I'm going with door # 2, Kerry Lee...may I spin???? Lol....PSIX down $.50, not great but not bad, has been a fabulous run up, who of us were talking $10/share a month ago, aside from Mac's offer with Usi? Certainly not me. IMHO, I think there is too much at work here, seems to be lots of things going on with the trading last few weeks. Wish I could see the trends more clearly and see behing the movements, I hate to say "oh it's being accumulated," cuz who really knows and who knows what for. But what makes me feel better about holding is the latest reports about from various analysts(thanks to thread for posting), the report from PSIX regarding consumer growth, EBITDA positive(international), and so on, and also the huge volume days while maintaining a very tight trading range, barring today's activity. Today's trading is just an short term aberration(sp) as far as I am concerned, after witnessing the large block buying that has been going on. Unless I see more high volume/price loss days this week, I will do nothing but hold. I am hoping that something good will come out in the next 4 weeks or so. With PSIX 1. releasing a rash of positive releases(pumping up stock price?) and 2. with the huge volume in those short term options(April $7.5,$10,and $12.50) and 3. with no word from any insiders(kate,kunkel)...o.k. so this one is a bit of a stretch) ...... I would hope to see us trading between $10-$15/share come first week or two of April. I am positioned to ride this back down to $7.5 if I have to, but it seems evident that there is big money out there betting that we see continued short term rise. All opinion of course, but hey, isn't it all just a guessing game anyway??? regards, cg(BTW,added to my position today on the dip.)

To: Kerry Lee who wrote (2191)	3/17/1998 8:51:00 AM
From: Teknvstr	Read Replies (2) \| Respond to of 5650

Kerry, Monday's trading activity was perfectly normal. The stock went from 7.5 to 11 in just days. It's normal for a stock to take a breather after such a run, and downright positive for it to do so on weaker volume than on the Up-days. The stock will either find support right here and advance further, or pull back to the $9 area, and then advance to higher levels. Worst case is it goes sideways for 3 weeks at most. Just hang in, and stay with it....soon, we'll be in the 14 area....Tek