STAR Telecommunications (STRX) Message Board

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Technology Stocks : STAR Telecommunications (STRX)

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To: Spaw who wrote (286)	8/12/1998 5:41:00 PM
From: Andeveron	of 780

>> Technicals... >> Shorts with money... >> Be patient. You can trade strx as well as invest in it. Shorts cannot beat a stock down like this. It looks like sustained selling where someone with a big position is selling into strength. This scenario is similar to what I saw with TAVA where it appeared that the stock could never break to $10. Everytime it hit $10, someone came in and sold off. TAVA is now around $5 but the entire Y2K sector is in the dumps right now. Perhaps a fund is getting out of STRX or an institution is reducing inventory. I watched STRX when it was $31 and watched it tumble to it's current levels.

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