Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Star Data Systems Inc. (STY,T) -- Ignore unavailable to you. Want to Upgrade?

To: Robert G. Hanah who wrote (114)	10/17/1998 9:08:00 PM
From: Jim P	Respond to of 267

Hi Robert, This $8.00 buyout rumor has been circulation for about a year. Its nothing new. I sold out sometime ago. The same individuals which talked me into buying this stock also suggested several others, all of which are down 60%. Unfortunately in the the real world no one will pay $8 for something worth $5 (as a figure of speech). I heard Star Data was looked at but the interested parties were not prepared to pay the offering price. Who knows anymore. I assume you saw the release put out after the halt? Jim

To: Robert G. Hanah who wrote (114)	10/17/1998 9:12:00 PM
From: Jim P	Read Replies (1) \| Respond to of 267

I just checked, no one did post the release so here it is. It sure doesn't sound like a buyout. To be honest with you I've never seen anything like it...I don't know what the hell it means. Good luck to ya all. Kensington Capital Partners retained Star Data Systems Inc STY Shares issued 16,553,783 Oct 15 close $5.10 Fri 16 Oct 98 News Release An anonymous director reports Kensington Capital Partners Limited has been retained on behalf of holders of 46 per cent of the shares of Star Data Systems to seek ways of maximizing the value of its shares, including seeking a buyer of the shares as a block. Canadian General Capital Limited is not a participant in the group represented by Kensington. Star Data Systems is the leading supplier of on-line, real time financial information and transaction processing services to Canada's investment community. Information services include stock market quotations across North America, analytic support and corporate and financial news. Transaction processing services include shareholder and portfolio management, and real time brokerage accounting systems. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com