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Technology Stocks : STAR Telecommunications (STRX)
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To: Return to Sender who wrote (719)11/7/1999 8:38:00 AM
From: Gary Wisdom  Read Replies (1) of 780
 
Thanks for your response. I did see the cash level was fairly low. IMHO, that would give mgmt even more reason to seek some type of business combination. I'm a little curious why account receivables are so high. Obviously, if they are uncollectable, that would be a problem. As for the float, that really is meaningless. The market cap reflects the float.

There were some pretty large sized bids at day end. I guess someone out there still thinks it's a good value at this price.

Good luck.
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