STAR Telecommunications (STRX) Message Board

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Technology Stocks : STAR Telecommunications (STRX)

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To: Art Baeckel who wrote (777)	2/2/2001 2:39:46 PM
From: j g cordes	of 780

Thanks.. I can't figure out if STRX has sold its most valuable asset in order to stay afloat or if it has dropped an anchor that's been around its neck. The quote from the SRTX ceo doesn't say much "``We are committed to returning STAR to profitability and developing partnerships with the leading companies in our industry,'' stated Brett Messing, Chairman and CEO of STAR. ``The sale of the phone card division to IDT will greatly assist us in achieving both of these objectives.'' They need capital, did they sell the cow to save an empty barn?

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