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Technology Stocks : STAR Telecommunications (STRX)

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To: Art C. who wrote (364)9/8/1998 3:22:00 PM
From: Spaw  Read Replies (1) of 780
 
Art,
If you are feeling a little uneasy about the fact that the market is rallying hard and Star is not participating, don't be overly concerned. STRX is doing what it is supposed to do right now. Three consecutive up days with closes above the open, higher highs, higher lows. Stock should consolidate on the 4th day. Also, look at the % move from 10 3/8. This is not abnormal.
We could even see a little down movement in the next 2-3 days.
This should be followed by further upward movement.
I would really like to see a strong up move tomorrow, which would be incredibly bullish. However, this is a damaged stock that will take time to mend.

--spaw--
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