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Technology Stocks : STAR Telecommunications (STRX)

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To: Diamondhead who wrote (695)10/27/1999 6:57:00 PM
From: Rappin1  Read Replies (1) of 780
 
This was posted on Clearstation, don't know how valid it is but I thought I'd share it. Also take a look at the charts, the fast line on the MACD has crossed 0, that is usually a good sign.

From : rlohr Oct 27 1999 5:15PM
Replying To : STARMAN (post 61)
Title : GBLX acquisition


STRX will be acquired by GBLX for $14 a share. Announcement likely on Nov. 2 along with earnings announcement. Earning announcement was moved up and management is excited about communicating quarter end results and future direction of company.
READ (between the lines) THE OCT 22 News Release.

Definitely long on this one...bought yesterday at 7 3/16 and recommending long as of open tomorrow. Valuation likely to move up againg on thursday and friday ahead of earnings and additional news.

clearstation.com
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