STAR Telecommunications (STRX) Message Board

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Technology Stocks : STAR Telecommunications (STRX)

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To: joepcf who wrote (738)	12/7/1999 5:04:00 PM
From: Jeff Bond	Read Replies (1) of 780

I don't see any coorelation between STRX and GBLX, based on what you mentioned. Concluding something is going on because "it was quite conicidental that STRX releases news the same day as GBLX" is analagous to reaching the same conclusion simply because say for example DELL and IBM issued press releases on the same day. I don't think there is much that can be drawn from this. I'd like to offer another alternative : STRX recently hit BOTTOM, as in it could not have gotten any lower if it tried, as in the stock has SUCKED for 2 years straight. This is prime conditions for BOTTOM-FISHING. I'll ask my dad if he bought any (he makes very good money trolling the bottom), if he did then we'll have our answer. STRX continues to increase their revenue, but has yet to show any earnings. I know they are building their network. Call it selfish, call it mean, I call it REALITY, because the simple fact remains at some point or another investors want to see earnings. Regards, JB

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