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


To: MPullee who wrote (2267)3/27/1998 5:05:00 PM
From: Randy Tidd  Read Replies (1) | Respond to of 5650
 
I agree -- I have also been holding and following PSIX for about 2 years, through an up and lots of downs. As I've posted here before, I am getting skeptical of their talk and long term vision. It has remained fairly consistent since they got into the corporate ISP business, but the time frame keeps slipping forward -- "we'll be profitable soon" is a promise I've heard too many times.

It does sound like things are coming together though. While I'm unsure how the deal with IXC is going to pan out, it seems like PSIX is intending on remaining independent. The internet telephony business, while fun to think about, is still totally speculative, though it would be an interesting direction for PSIX to go since they are building quite a network infrastructure.

I probably won't add to my position just yet, and PSIX has a long way to go before it catches up to the S&P's performance over the past 2 years, but I am going to hold on for a while longer.

Randy