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


To: John Edwards who wrote (125)11/20/1998 3:42:00 PM
From: Technopeasant  Read Replies (2) | Respond to of 267
 
FWIW my expectation is for STY to resume its old trading range between $5.75 and $7.00. The possibility for a sale or some other action is there now the Board has been pushed into it. This probably means not much in real developments for some time, but, as discussions go on things will leak and the stock will respond sharply up or down depending on the nature of the rumour. Since most people seem to be of the view that the stock is undervalued, I think the chance for a spike up is good. If you don't want to hang around much longer, why not put a sell order in for the next time the stock hits $6.20. I think the stock will hit that sooner rather than later.
Of course, if I knew what I was talking about I wouldn't be posting this.