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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (21487)	2/10/2000 1:11:00 PM
From: Yak-attack	Respond to of 25711

SYBD, company is a gem, I am in at .17, I belive it will go over 1 short term..

To: Joe Copia who wrote (21487)	2/10/2000 1:29:00 PM
From: lac	Read Replies (2) \| Respond to of 25711

Joe - WWDE - lots of volume and large buys, something going on

To: Joe Copia who wrote (21487)	2/10/2000 1:44:00 PM
From: AKAPAK	Respond to of 25711

STRX - Buyout news: Currently $5 3/4 read below for expected $7.5 -8.00 Many disgrunted buyers expected more a little while back. EASY MONEY. ATLANTA and SANTA BARBARA, Calif.--(BUSINESS WIRE)--Feb. 2, 2000--World Access, Inc. (Nasdaq:WAXS) and STAR Telecommunications, Inc., (Nasdaq:STRX) announced today that World Access has completed its due diligence of STAR's operations. After further review, both companies believe that significant capital will be required in the near term in order to deploy an expanded salesforce and invest in leading edge technologies in the European marketplace. To reflect this necessary investment, STAR has agreed to accept a reduced price for the merger. Under the new terms, World Access has agreed to pay between $7.50 and $8.00 per share of STAR stock. The final terms of the merger are subject to further review and approval by both Boards of Directors. Under the revised terms, World Access has agreed, in connection with entering into a definitive agreement, to provide significant interim financing to STAR to fund various obligations in Germany. The companies anticipate entering into a definitive merger agreement next week. "The global telecommunications marketplace is quickly consolidating into a competitive force of giants," commented Chris Edgecomb, Chairman and CEO of STAR. "With combined annual revenues in excess of $2 billion, greater access to capital markets and enhanced management, we believe our merger with World Access offers STAR shareholders the best opportunity for future share price appreciation as it repositions the combined company as a stronger competitor in the telecom world." After the merger, the combined company plans to focus its efforts on the emerging European telecommunications marketplace, while continuing to be a strategic telecom solutions provider in the U.S. and other markets. With this focus on Europe, some existing STAR consumer services businesses may be considered non-core and may be spun-off or sold for the potential benefit of STAR shareholders.