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Technology Stocks : STAR Telecommunications (STRX) -- Ignore unavailable to you. Want to Upgrade?


To: Spaw who wrote (265)8/6/1998 11:50:00 AM
From: DD™  Read Replies (2) | Respond to of 780
 
Taken from Briefing.com..

11:00 ET STAR Telecom (STRX) 15 3/8 +7/8: Long distance wholesaler getting a bounce from earnings report this morning. Stock has tanked from over 36 in early April after long steady climb in what was once a hot sector. Now, however, the high valuations are a consideration. STRX earned $0.08 per share, a penny ahead of expectations and up from year ago profits of $0.03 per share, but that still leaves the stock very pricey.

briefing.com

DD