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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: stan s. who wrote (78639)2/24/2000 11:08:00 PM
From: Bryan  Read Replies (2) of 108040
 
CLST 9 1/4 (close)
#1 (most active) AH on Island
Sym   shrs traded    last    last trade time
CLST   1,767,852    11 3/8      19:59:54

Stan,
I'm sure you saw the news on CLST.
CellStar Named as DISH Network Satellite TV Distributor
biz.yahoo.com

Shares of CellStar jumped in the evening session after the company (CLST) said it will distribute products from EchoStar Communications (DISH). CellStar will offer EchoStar's Dish Network, which has 500 channels of programming. CellStar closed at 9 1/4 but jumped to 11 1/2 after hours.
cbs.marketwatch.com

I was just thinking about CellStar this week because of all the talk about the beaten down old economy stocks. Although I am still in the green on CLST, it was starting to resemble some of my long-term holdings that are floundering around in the red; CNC, KM, HAS, WMI... to name a few.

What's your take on this latest news for CLST?
To be honest, I was a little surprised to read that it traded at almost $13 AH. But if this is genuine, are we headed for $25? Seems like the longer term charts say yes??
member.aol.com

A while back I tossed CLST on to Jack Hartmann's thread and he liked it too (this was in January). "Not much downside on this stock maybe $2, upside is a double by summer. Good pick."
Message 12693355

Let me know what you think [now], and please tell me you're still in it.

Best,
B
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