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

To: Bill McCullen who wrote (378)	9/24/1998 1:44:00 AM
From: Spaw	Read Replies (3) \| Respond to of 780

Bill, I trade full time. I have a real time data feed with Level II, time and sales, etc. STRX is on my main watch list, so I follow it very closely. This is one of the few equities I have chosen to actually invest in. That being said... A trading associate and myself track the trades in Star, and over the last month we have observed regular block trades on upticks. By block trades I mean 10k+. Most of the large trades I have been observing are 50,000 shares and up. I have observed a number of 100,000 share + trades. All on upticks. I know that STRX management (CEO and CFO) has been on the road meeting with large investors and institutions, and they have been well received. Stocks can go down and still be under accumulation. What is important to me is the money going in is large, and I assume smart. I am looking for a solid move in this stock by the 4th quarter. This is not hype. I do not hype stocks, and do not approve of those who do. I've done my homework on this one and own it because of that. --spaw--