SI
SI
discoversearch

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


To: Spaw who wrote (530)1/21/1999 6:53:00 PM
From: Crossy  Read Replies (1) | Respond to of 780
 
Spaw,
thanks alot for this link. I'm just reading the interview with delight. Pretty interesting that STRX seemed to have considered stock repurchase. Good that they didn't do it so they can acquire more smaller players out there.

Noticed that STRX acquisitions are vertical rather than horiztontal ? I'm of the impression that wholesale carries less margin than local carriers or prepaid & other callinc cards business. That might change in the future, especially if you own your own domestic & undersea fiberoptical cables and all the other facilities. Anyway, the "integration" of a wholesale carrier with a calling card company should match the criteria 1 + 1 = 3. I see that both companies together (PT-1 and STRX) could make more profit than both seperately. Nice deal. Good that it's behind us. STRX above $1 million in revenues right now. Only approx. 12m more shares were issued for the deal, so Price to Sales (PSR) should be at 0.75 or so. Great value in Telecom, that's for sure..

best regards
CROSSY