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Gold/Mining/Energy : Star Data Systems Inc. (STY,T)
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To: toccodolce who wrote (209)10/6/1999 6:59:00 AM
From: kingfisher  Read Replies (2) of 267
 
Morning Tom,
The buyback is for 844,257 shares or 5% of 16,885,1425.This buyback was announced when the shares were trading above $4.The company back then considered the shares at those levels undervalued and a good investment.Since then Star Data's sales are increasing and the bottom line is improving,but stock price continues to underperform.

Richard
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