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Gold/Mining/Energy : Star Data Systems Inc. (STY,T)
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To: Carole Olkowski who wrote (151)3/4/1999 4:28:00 PM
From: kingfisher  Read Replies (1) of 267
 
Carole,this ship is steaming along just fine based on my due diligence.Now trading at 4 times cash flow well below similar companies providing business services.Cash flow to debt above industry standards.Sales per share at close to $5 and yet stock now at $3.30.

If you read the last news release, scan over the part where it says to focus on "other developing opportunities including strategic alliances"

I expect a few more margined speculators to get booted out over the next few days.My opinion only but I certainly look at this being an opportunity.
Too bad for the longer term players who bought in at higher levels but if they dont panic and are patient the stock will recover eventually.

Richard
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