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

To: DD™ who wrote (463)	12/11/1998 11:45:00 AM
From: Bill McCullen	Read Replies (1) \| Respond to of 780

Not sure but it looks a lot like the action we saw in early October when when it dipped into the 7's. That turned out to be a great buying opportunity as the stock took off to reach 17+. Just waiting for some sign of a reversal soon. Wonder if we are still under accumulation? Bill

To: DD™ who wrote (463)	12/14/1998 2:18:00 PM
From: Spaw	Read Replies (1) \| Respond to of 780

D2: Clarification on situation... Selling occurred after Mr. Edgecomb declined to speak on broad topic of deregulation at a Lehman Bros. telecom conference. A misunderstanding is to blame. He was under the impression that he would be talking about his company. When he discovered he wouldn't be discussing strx, he bowed out. Large holders were vexed by this behavior, and the selling ensued. It is my understanding that Mr. Edgecomb is aware of his error, and has been busy apologizing to all. A conference call for investors as well and institutions is planned for this week. Nothing has changed with Star's business. Looks like the PT-1 acquisition MIGHT happen by the end of the year, but still tentative. All awaits SEC approval of the proxy. --spaw--