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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (7692)	8/14/1998 10:19:00 PM
From: Phil Jacobson	Read Replies (1) \| Respond to of 29382

I am sold on PSIX Phil,will not be swayed:)Max90 You're sold on PSIX...like I was sold on SAVLY? What a disaster...I still don't know what really happened there. I swear there must have been a 3-1 split and DLJ forgot to give me the extra shares. No really, PSI's management team has a very bad reputation in the biz. Constantly changing focus and unable to get out of its own way. Here's a really good one for you - GBLX. Global Crossing is known as the "wet Qwest". It's got a great story and outstanding management and backing - I'm pretty sure CIBC Oppenheimer actually took an equity position. Today was the IPO; the price ended up higher than I was willing to go but I'll be looking for an entry as soon as is practical. I really think this one will be a very hot commodity. Phil

To: LTK007 who wrote (7692)	8/14/1998 10:32:00 PM
From: James Wright	Read Replies (1) \| Respond to of 29382

Max -- Why PSIX? I just don't see it. It's coming off a rapid spike up, with a lot of downward potential before it finds a new support level. It has a distinct downward earnings trend, which analysts project will continue for at least the next year and a half. Thus, from both a fundamental and a technical perspective, it looks like a poor pick (no pun intended). I'm not trying to be negative, I'm just trying to understand why you think it's a good investment. -- Jim