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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (33838)2/9/1998 1:35:00 AM
From: Spaw  Respond to of 61433
 
Tim:
Thanks for the info.
I'll pass a good one on in return...
Star Telecommunications. (STRX)
See below BW report from the last earnings announcement.
More to come. Split was just announced. Company is VERY aggressive.
Pardon my being off the asnd topic, albeit briefly.
______________________________________________________
SANTA BARBARA, Calif.--Nov. 6, 1997--STAR
Telecommunications, Inc. (NASDAQ:STRX) today announced record
revenues and earnings for its third quarter ended September 30, 1997.
Revenues in the third quarter totaled $88,515,000, a 45% increase
over revenues of $61,169,000 in the prior year quarter bringing STAR
to its ninth consecutive quarter of strong revenue growth. Net
income in the quarter rose 413% to $1,467,000, or $0.09 per share,
versus $286,000, or $0.02 per share, in the third quarter of 1996............
The balance sheet provides a solid foundation to pursue our strategy of
global expansion."
_______________________________________

The chart is delightful.

Regards,
--spaw--