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


To: Bill McCullen who wrote (332)8/25/1998 5:21:00 PM
From: BlackCat  Respond to of 780
 
Bill: This is copied from the Yahoo thread:

BT Alex Brown "Strong Buy" Aug.21/98 "shares are oversold...our best small cap idea"
$40.00 target //////Hambrect & Quist "Strong Buy" Aug.21/98 "oversold...bargain price"
//////Jefferies & Co. "Buy" Aug.21/98 //////Bear Stearns "BUY" Aug.21/98 "we liked it two
months ago,we like it even more today" //////Merrill Lynch "Accumulate" Aug.21/98 "recent
weakness as a buying opportunity" ////// Kaufman Bros. "upgrade to hold from sell"
Aug.8/98.



To: Bill McCullen who wrote (332)8/25/1998 5:24:00 PM
From: Terp  Read Replies (3) | Respond to of 780
 
Bill, you can find the strong sell made by Kauffman Bros., or Company, or something like that, about 2 months ago. He buried the stock on his recommendation. Everyone thought he did it because he had a bone to pick with the company. However, he has had the last laugh as his "strong sell" got all the attention and the stock has tanked about 11 points.

In my opinion, this is not the same company you invested in earlier. There is something terribly wrong with a stock that goes to 31 the day they announced the PT-1 buyout, then down to 13 once the deal looks even sweeter than it had looked to be. Also, insider buying within the last couple weeks. Nothing has moved this stock up. We have been going down and some people have blamed it on the general market. That's garbage!! Decent companies don't tank over 50% because of market conditions. There is something wrong with this company and I am sure we will find out soon.

By the way, big uptick on a couple thousand shares at the end of the day should set us up to break into the 12's tomorrow.



To: Bill McCullen who wrote (332)8/26/1998 1:05:00 AM
From: Spaw  Respond to of 780
 
Bill,
The strong sell was Vic Grover at Kaufman Brothers.
He has raised his rec to hold.

--spaw--