STAR Telecommunications (STRX) Message Board

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Technology Stocks : STAR Telecommunications (STRX)

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To: amoezzi who wrote (714)	11/5/1999 11:10:00 AM
From: Return to Sender	Read Replies (1) of 780

People buy on rumors. The rumor here is a potential buyout. Hypothetically, lets say the rumor is true, very few companies announce anything on a Friday. I guess what I am saying is that the stock was overbought, perhaps, based on a rumor. Today it sold off because there was nothing announced. Fact is that this particular rumor may have some merit... That's just my opinion because 90% of the time you hear or read these things it's simply garbage. Even if the rumor ends up being true the stock could fall back to around 5 again if it takes a while to materialize. Once again, that is just my opinion. Please do your own due diligence. Sender

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