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


To: Mitchell who wrote (244)4/5/2000 7:40:00 PM
From: kingfisher  Read Replies (1) | Respond to of 267
 
Mitchell I have to agree with your analysis of the situation.
Sales,profits and cash flow were all flat from previous quarter.
No news on any strategic alliance to leap them into the internet game without spending an arm and a leg to achieve it.
$1.3 million to the bottom line from almost $20 million in revenues pretty dismal.
I am not waiting around for another $20 million writedown!
The stock deserves a low multiple to cash flow due to uncertainty of all that R & D money ever paying off.
This is dead money.Got a move on.

Take Care,
Richard