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

To: JakeStraw who wrote (569)	2/26/1999 11:47:00 AM
From: Jeff Bond	Read Replies (1) \| Respond to of 780

I love it, buy some more. I bet the guy needed a litte more time to get all his clients into this one before it runs, HAHAHA. When you get these kinds of conflicting upgrades/downgrades, it's a sure sign the analysts have no clue whats going on with the company. I need to do a little homework on the analysts covering this company first, but I can almost assure you this dude is working the issue for one reason or another. Let's assume the $275M recent credit provided is used for build-out of the network, and that there has been some costs associated with the transition and merger. What becomes important is how quickly the company can make the new employees a part of the process, and producing revenue as well as earnings. If you read the interview with Mr. Edgecomb, it's clear he knows how to make people quickly feel at home in their new company environment. This stock is not going to go much lower, so there are two options, get in now and just enjoy the long-term benefits associated with a reduced capital gain tax investment, or get in later and try and hope for some depressed stock prices to bail you out. Whatever the choice, STRX is set to explode over the 5-year horizon. I'm in it, I'm staying in, and these analists can mumbo jumbo the price around as much as they want, cuz when they screw up bad it just allows me to add to my position. Calling the company today, I'll post any information here. Regards, JB