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

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To: kingfisher who wrote (248)8/3/2000 5:01:09 PM
From: Mitchell  Read Replies (1) of 267
 
With the exception of STY finding new ways to writedown assets, I did not expect any better or worse in the results. Hutton has the company going nowhere. Revenue growth is poor, Hutton claimed Wealth Management was the way, not by his results. The improvement in the Balance Sheet and Cash Flow again compares with the mess Hutton created in years prior.
For me as long as the company holds on to where it is now, leaves the Balance Sheet clean and does not spend any monies , I will remain to hold and add, mind you I have a far amount of shares. Its time for General to clean house or better said sell, that is the reward for leaving this as dead money.
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