STAR Telecommunications (STRX) Message Board

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Technology Stocks : STAR Telecommunications (STRX)

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To: Terp who wrote (179)	7/7/1998 11:30:00 PM
From: Bill Lotozo	Read Replies (3) of 780

A couple of days ago I received unsolicited email from Vic, an internal memorandum and downgrade analysis from him on Star. They were a pair of documents dated June 17 and another pair dated the 22. One was a downgrade from buy/buy to hold/buy, the other to hold/hold. I guess he sent them because I'd asked earlier on this thread about Startec Global and prepaid calling cards in relation to the PT-1 merger. Why would an analyst do this? Also, this progression of downgrades by Kaufman seems strange --- every two weeks another downgrade? Is he pissed off at Star? Would there be any reason to make people sell off? I just don't quite get it. Any explanations out there. Vic, what gives.

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