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Microcap & Penny Stocks : Micros-to-Mainframes (MTMC) -- Ignore unavailable to you. Want to Upgrade?

To: Angler who wrote (125)	5/10/1999 2:38:00 PM
From: FFNEODOC	Read Replies (1) \| Respond to of 133

Not alot of activity here recently, Did anybody catch the reference to MTMC in the PSIX PR quarterly report; from a recent PSIX press release.. PSINet's Quarterly Revenues Increase 136% to $104.8 Million Tuesday, April 27, 1999 07:33 AM HERNDON, VA.--(BUSINESS WIRE)--April 27, 1999-- Annualized Revenue Increases to $419 Million 79% Increase in Business Accounts to 59,700 165% Increase in Carrier Customers to 898,000 EBITDA Loss Improves to $6.8 Million EPS Exceeds First Call Estimates by $0.09 PSINet Inc. (NASDAQ:PSIX) today reported first quarter revenues were $104.8 million, an increase of 136% over the $44.5 million reported for the first quarter of 1998 and an increase of 12% over the $93.9 million reported for the fourth quarter of 1998. EBITDA for the quarter was a loss of $6.8 million, or 6.5% of revenue, a four percentage point improvement when compared with an EBITDA loss of $9.9 million for the fourth quarter of 1998 or 10.6% of revenue, .... Acquisitions and Alliances ..... - Entered into or enhanced significant strategic alliances with Micros-to-Mainframes, Inc. (NASDAQ: MTMC) and TimeBridge..." Does anyone think there might be more to this affiliation & could it lead to an aquisition in the coming year? Frank