Mark, from a fundamental perspective I think this will be the driver for STRR
<The Company's financial results do not reflect its recent acquisition of document imaging technology and sale of its medical
imaging technology. The results of these transactions will impact earnings beginning in the second quarter of fiscal 1998.
On July 30, 1997, the Company, through its newly created operating subsidiary PowerScan, Inc., acquired intellectual
property and certain other assets from Intrafed, Inc., a provider of leading-edge software for high- speed, high-volume
document capture and processing, including the award- winning PowerScan(R) and StageWorks(R) technologies. This
acquisition, along with the sale, also on July 30, 1997, of the Company's Medical Image Management systems technology, is
part of Star's long-term growth strategy to refocus its business from the medical imaging market to the broader document
imaging market. The document imaging market is a subset of the U.S. electronic imaging market, a $3 billion industry currently
growing at approximately 20 percent a year.
''As we enter a new fiscal year, Star's prospects for revenue growth and improved profitability are strong,'' said Robert C.
Compton, Star's CEO and President. ''With a sharp business focus and innovative and leading-edge technology, Star is
positioning itself to move rapidly into the high-growth document imaging market.''>
The stock is showing strenght today.
I too, I my finger on GATE, but no entry as of yet. |
