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


To: Spaw who wrote (323)8/25/1998 8:18:00 AM
From: Terp  Read Replies (1) | Respond to of 780
 
Spaw, I would get ready for 10 or less. This company has problems we don't know about, in my opinion. There is nobody that wants to own this stock. I don't care that the whole sector is down, it's not down well over 50% like STRX. I have never seen a stock with such good news and recommendations go down every day. Nobody wants to buy and I don't see that changing (although I hope I am very wrong).



To: Spaw who wrote (323)8/25/1998 10:13:00 AM
From: Art C.  Read Replies (2) | Respond to of 780
 
I'm still here---haven't really studied the chart. I am like Terp in some respects. I'm trying to figure out why the stock is not reacting to good news. How exposed are they to the Asian and European market? The only thing that I can figure out is that investors are avoiding the smaller cap stocks and are expecting the creeping crude from Asia and Russia to affect Europe at some point. Personally, I would like to know "who" is doing the selling, insiders? large institutions, or just investors in general.

Art