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Technology Stocks : CLST - CellStar Corporation
CLST 15.55-1.0%Jan 30 9:30 AM EST
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To: PerryA who wrote (592)6/30/1999 7:27:00 PM
From: Mark Myword  Read Replies (1) of 641
 
Perry - 'twas probably a rumor of improved earnings. I still say this is a $20 stock within a year, as the six-analyst estimate consensus is for 1999 earnings of $1.08 or so. Could go to 30, possibly. It is baffling that this stock has a forward P/E of 7 or 8, when complete jokes like some of the internet stocks have a P/E of 100 times that.

Bill H.
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