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Gold/Mining/Energy : Star Data Systems Inc. (STY,T)

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To: Brad who wrote (221)1/3/2000 1:41:00 PM
From: kingfisher  Read Replies (2) of 267
 
Actually $5 to $6 may turn out to be conservative.
First of all they have been buying back some stock and have the resources to continue and may also renew the normal course issuer bid.
Second they could have a few surprises in store such as announcing a web based stock quote news center to compete with Canada-Stockwatch and appeal to the small retail speculator/investor.
They are working on quite a few projects and if investor relations market the company towards a possible internet play this would do wonders for the share price.
Remember that from a technical point of view if the shares rise to $5 then odds suggest $6 next point of resistance.
At a recent TD Waterhouse reception I asked the Vice President of TD Waterhouse his opinions on the level of service and satisfaction that his company receives from dealing with Star Data and he had nothing but praise for management.He was very satisfied with the quality and level of professionalism in their organization.

Richard
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