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


To: Candle stick who wrote (404)11/2/1998 10:42:00 PM
From: Ron Harvey  Read Replies (1) | Respond to of 780
 
I believe this was an initiation of coverage, so the recommendation would be a new buy rather than an upgrade from a hold. Prior to this, analysts had five strong buy ratings, two moderate buys, and one sell on the stock.
This stock is a long ways from its yearly high of 37 3/8. The recovery-price potential and strong company growth should generate considerable interest over the forthcoming days



To: Candle stick who wrote (404)11/3/1998 4:45:00 AM
From: Spaw  Read Replies (1) | Respond to of 780
 
Candle,
Watch out at 15.
This stock sees a very large single trade put position taken on every expiration day. I have never seen strx hold above the strike of the position. The last of these was in the Nov. 15 calls.
Breakout will be confirmed for me when Star holds at 16.
Additionally, there is tremendous overhead supply.
But... I am very bullish this company from a fundamental perspective, hence my large position.

--spaw--