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

To: bob zagorin who wrote (2241)	3/26/1998 10:54:00 AM
From: franzzi	Respond to of 5650

I don't think there is that much overhead resistance. The further you get from overhead the less impact it has. Since that overhead was back in '96, most of those people are gone. Taking out 11.125 we should find out.

To: bob zagorin who wrote (2241)	3/26/1998 11:14:00 AM
From: Dan Markel	Read Replies (2) \| Respond to of 5650

...>> PSIX is flirting with new highs << thats why i bought yesterday @10 5/8, if it refuses to go through 11 1/8 today/tomorrow i'll be running out to avoid any potential pullback from current promising highs..

To: bob zagorin who wrote (2241)	3/26/1998 12:36:00 PM
From: david thor	Read Replies (2) \| Respond to of 5650

<lots of people who bought in that area and have suffered thru the last 1-2 years. many will be happy to get their money back and nothing else.> Bob, I don't agree with that, since I'm one of those people. If this price rise was without news, I'd agree, but now that I see evidence that PSI's business plan is being delivered, and more importantly, is being validated by similar efforts at other companies, it would be foolish for me to sell in the face of what I bought the stock for in the first place! From what I have read about IP telephony, the demand will far exceed the supply at least for awhile - the technology itself is still being worked out! What PSI is positioning itself for, as I see it, is to become the early bird in IP telephony. While doing that is not without risks, the rewards of being at least competent in the field are enormous. I admit I am not a day-trader and I suppose there are those who might just want to break even, but it just doesn't make sense to me to sell stock held long-term in a company that's going in the right direction just to break even or reduce a loss. Take care, Dave

To: bob zagorin who wrote (2241)	3/26/1998 10:12:00 PM
From: Bill Holton	Respond to of 5650

What is the all-time for this co.? Thanks.

To: bob zagorin who wrote (2241)	3/26/1998 10:35:00 PM
From: Ed Frye	Read Replies (1) \| Respond to of 5650

Hi bob - w/o looking at a chart - if my memory serves me correctly - the resting points for this stock a couple years back were 12, 15 and 18 before a brief foray into the uper 20s in the first wave of internet fever. The latter was so short-lived it probably doesn't matter. Anyone still around that bought in the teens back then would be crazy to sell at a breakeven just when things are getting interesting - my FWIW is that resistance will be mild from here on up and volume will carry us as far as we are going to go - which - IMO - should be quite far.....ed