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To: Paul Senior who wrote (5280)11/13/1998 2:21:00 AM
From: Shane M  Respond to of 78552
 
Paul,

I may have mentioned STAR at a higher price here. I've all but quit watching this stock after reading several posts from ex-employees commenting on poor management and uncompetitive wage structure. These kinds of restaurants require top notch service, and STAR didn't seem committed to providing that service. I'm probably getting a biased view, but the huge drops in same store sales seem to confirm major problems.

Shane



To: Paul Senior who wrote (5280)11/14/1998 4:55:00 PM
From: Allen Furlan  Respond to of 78552
 
Paul and thread, you may wish to look at nakd again.
biz.yahoo.com
I bought in June at 13/16 and sold several months later at 1 5/8 because the audits seemed to drag on. The company has sufficient cash flow to pay off debt at a million a week clip. This latest news came out of the blue to me. Unless the news release is outright fraud I cannot believe that the stock price will remain in the 1.15-1.2 range. I am buying shares now as another speculation that the company will re-establish itself as a viable entity and will file appropriate SEC reports. Investor relations says the business plan is to complete the audits and re apply for listing on some exchange(probably NASDAQ).



To: Paul Senior who wrote (5280)11/17/1998 2:01:00 PM
From: Brendan W  Read Replies (2) | Respond to of 78552
 
Paul, on STAR look carefully first. I made some money on it at much higher levels. But I'm really wary:
o same store sales
o stock options policy
o personally seeing their advertising

The numbers look good but the feel is wrong for me. Check out LDRY ... I'm out of it after a non-taxable gain.

If you come to a different conclusion on STAR I'd like to hear about it.