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 June 4, 1999

StarTek lures attention of Business Week

Greeley business appears to have spawned a winner. The Eye has learned that StarTek Inc., which was founded in Greeley but has moved its corporate headquarters to Denver, recently was cited by Business Week magazine as an undervalued stock.

StarTek, which assists major technology companies with Internet and electronic-commerce ventures, inventory management, distribution and order processing, saw earnings climb 45 percent last year, with revenues surging 58 percent.

Also, the company’s shares, which closed May 26 at 18 1/8 per share, are trading at many times analysts’ estimates of earnings.

StarTek has been in an expansion mode recently, with new facilities in Greeley, Laramie and Grand Junction, among others.

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From the ridiculous to the sublime to the sublimely ridiculous, nothing escapes The Eye.

Witness this missive to The Northern Colorado Business Report from someone purporting to be working on a high-school summer project on unsolicited faxes:

“I believe this is a problem in the business community and I am making this my topic for my American Business Class summer project,” the person writes.

The writer goes on to explain that he’s sending this message to 100 locations and asking them to send him copies of their unwanted faxes. The message included a form to fill out detailing the number of unsolicited faxes received each week.

But what method of transmission did this writer use to solicit information on unsolicited faxes? If you haven’t guessed by now, you probably would have filled out the form and faxed it back.

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The Eye catalogs this under the “haven’t they got anything better to do” category.

Seems that Rep. Bob Schaffer, R-Colo., decided that the Congressional Record could use a dose of cinnamon rolls. He cited Johnson’s Corner, a popular truck stop along Interstate 25 south of Loveland, for its “industrious spirit and can-do attitude that made America great.”

Now, Johnson’s Corner is great and all that, but won’t those cinnamon rolls make the pages of the Congressional Record a bit sticky?

Greeley business appears to have spawned a winner. The Eye has learned that StarTek Inc., which was founded in Greeley but has moved its corporate headquarters to Denver, recently was cited by Business Week magazine as an undervalued stock.

StarTek, which assists major technology companies with Internet and electronic-commerce ventures, inventory management, distribution and order processing, saw earnings climb 45 percent last year, with revenues surging 58 percent.

Also, the company’s shares, which closed May 26 at 18 1/8 per share, are trading at many times analysts’ estimates of earnings.

StarTek has been in an expansion mode recently, with new facilities in Greeley,…

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