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

To: Secret_Agent_Man who wrote (563)	2/26/1999 8:35:00 AM
From: JakeStraw	Respond to of 780

Old news, see - Message 7980065

To: Secret_Agent_Man who wrote (563)	2/26/1999 9:40:00 AM
From: JakeStraw	Respond to of 780

These guys drive me crazy! Ing Baring Furman Selz Cuts Star Telecom (STRX) to Buy From Strong Buy

To: Secret_Agent_Man who wrote (563)	2/26/1999 9:57:00 AM
From: JakeStraw	Read Replies (2) \| Respond to of 780

More info. on the Downgrade - RESEARCH ALERT-ING cuts STAR Telecom CHICAGO, Feb 26 (Reuters) - ING Baring Furman Selz said Friday it downgraded STAR Telecommunications Inc. to buy from strong buy and lowered its 1999 earnings estimates. -- Analyst Todd Scott says in a report he lowered his 1999 earnings per share forecast to $0.38 from $0.48 to reflect the company's higher spending for its retail expansion and higher depreciation expenses for an acquisition. -- Says the stock price is likely to move higher once the company's year-over-year earnings growth accelerates beginning in the fourth quarter of 1999. -- Shares of STAR Telecom closed Thursday at 14 on Nasdaq.