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Gold/Mining/Energy : Star Data Systems Inc. (STY,T)
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To: toccodolce who wrote (191)9/26/1999 3:40:00 PM
From: The Coz  Read Replies (1) of 267
 
Thomas. Sorry I can't answer you. I don't know where you got that info. Latest Financial data I have is for Q2 (June 1999) and they had a loss in that quarter.

The fact they are opening new location is GOOD but one of their latest PR mentioned something about a private placement of up to $15M and almost 1.5M of stock options for employees. That will dilute the EPS.

Furthermore, there will be startup costs for these stores. It may take a year before we see a positive bottom-line.

But in a year, I think they will be attractive.
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