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Gold/Mining/Energy : Star Data Systems Inc. (STY,T) -- Ignore unavailable to you. Want to Upgrade?


To: lwk who wrote (211)10/7/1999 7:19:00 PM
From: kingfisher  Read Replies (1) | Respond to of 267
 
This evening on CBC Business World,Colman Obrien President of Bay St.Direct was answering questions on various companies.
He was asked about why Star Data was trading at such levels and elaborated about board management conflicts concerning a more aggressive push into internet commerce etc..
Mr.Obrien says he would not buy the stock now but if it breaks $5 he would buy it.What a gem!

I have never understood the logic of this type of analysis."No its not attractive now but wait till it jumps 60% then it will look much better"???What am I missing!

Richard