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Gold/Mining/Energy : Star Data Systems Inc. (STY,T)

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To: lwk who wrote (180)6/29/1999 8:12:00 PM
From: kingfisher   of 267
 
The exciting part of that particular news release regarding StarQuote PRO is "completely internet and intranet compliant".Most investors may not have grasped the significance of that release, otherwise the stock would be trading closer to $5 today rather than today's $3.40 close.
Basically from my understanding Star Data is preparing to compete for investors and traders who are using live data feed on the internet from sources such as Canada-Stockwatch.They certainly have the expertise and if they are price competitive and provide consistent reliable information will certainly give Canada-Stockwatch something to worry about.
Aside from competing head on with Stockwatch(a private company)I am speculating another strategy would be for Star Data to approach Canada-Stockwatch for a possible strategic alliance.

Richard
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