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

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To: Sultan who wrote (212)10/6/1999 2:11:00 PM
From: kingfisher  Read Replies (1) of 267
 
Fear of Y2K is holding back this stock.Also STY is still in the penalty box because it is no longer in play as far as a potential merger or take over.Short term speculators have moved on to more liquid stocks.It also has been underpromoted but apparently efforts are being made to correct that.
They have a huge slice of the Canadian market.Conflicts between management and board were/not helping situation but with todays news of 3 heavy hitters coming into the line up perhaps peachy relations may return soon.
As far as offering products for individual investors yes anyone can lease one of Star's quote machine.They are working to develop internet quotes for the small investor.

They are trading at levels that should attract potential suitors but I doubt a serious bid would be pursued until Y2K issue is buried.

Only my opinions.I am not an investment advisor.For more information someone from STY could offer more details.
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