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Technology Stocks : STAR Telecommunications (STRX)

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To: Rappin1 who wrote (696)10/27/1999 2:46:00 PM
From: Hawaii60  Read Replies (1) of 780
 
Subj: STRX-hot off the press/stockwinners.com
Date: 10/27/99 2:36:02 PM Eastern Daylight Time
From:
To: Hawaii60

Here's the latest entry in the Rumor Mill:

STAR Telecommunications, Inc. (STRX) is a multinational
telecommunications services company focused on the international long
distance market, offering switched voice services on a wholesale basis
primarily to U.S. based long distance carriers. Rumors are flying that
positive events will soon occur at the company. Indicators suggest that
market participants are positioning for an upswing in the stock price.
Recently, the firm moved up the date of its earnings announcement to
November 4, a positive sign. Analysts expect a loss of 34 cents per
share. The firm's P/E to growth ratio of 0.02 indicates an undervalued
share price. The company's price-to-sales (0.30) and price-to-book
(0.96) ratios are well below the comparative averages. Sales during the
most recent quarter increased 96.02 percent over the year earlier
period. Brokers recommend shares with three "strong buys", one "moderate
buy" and four "holds"
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