STAR Telecommunications (STRX) Message Board

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Technology Stocks : STAR Telecommunications (STRX)

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To: Rappin1 who wrote (703)	10/29/1999 1:07:00 AM
From: Spaw	Read Replies (1) of 780

rap, Know it too well. Have bought and sold the stock since the original glory run. Star ran from 20 to 60 before it split, and fast. My experience with this stock since it has broken down shows it to be the biggest sucker play I have ever seen, so I totally doubt this rally. I would be smart to short it here, smarter to buy the Nov 7 1/2 puts (cheap) and let it play out. However, the trading volume and call open interest belies something in the works. Could be the real McCoy this time. The GBLX rumor could be valid. My early rumor control (from last year) mentioned AT&T as a likely suitor and one coveted by Mr. Edgecomb. At any rate, I know the company works very, very hard and has been in a tough place business wise with pricing pressure. I knew one day they would come back with full force. I am long now... rooting for STRX. --spaw--

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