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


To: Mitchell who wrote (249)8/3/2000 10:38:02 PM
From: kingfisher  Read Replies (1) | Respond to of 267
 
I am amazed how much patience the major investors have with STY.Both Canadian General and Kensington participated in the IPO in 1995 at $4.Five years later stock is trading at $3.25!
They need to become more aggressive and look for a suitor with either deep pockets or an obscene stock price.
The potential for a hostile bid organized by one or both major shareholders is what has motivated me to rebuild a position at these low prices.
They have to be running out of patience after seeing annual gains in the S&P of 20% .
This stock can be salvaged with an aggressive broker making the right pitch to a suitable suitor.

Regards,
Richard

And I get to buy below $3.25 while they paid $4 five years ago.LOL