CLST - CellStar Corporation Message Board

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Technology Stocks : CLST - CellStar Corporation

CLST 15.02

0.0%

Nov 28 9:30 AM EST

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To: HVN who wrote (27)	4/10/1997 3:58:00 PM
From: tuck	of 641

Hubert, I now see that First Call had a two analyst mean of .20 -- one .30 and the other .10. This article, which I uncovered in IBD, also states that the announced number was .20, implying CLST hit it exactly. My first post was based on a WSJ article. So in a sense I am not sure what info I am going on. I think the factors you mentioned had already been priced into the stock. Long term, I think the stock will do OK as the investment community sees these factors realized. Short term I expect some punishment/profit taking. The company's income statement is erratic, to say the least. I will be out long before the wonderful 4thQ. And I do expect the market in general to correct a bit more. Stocks like CLST that have enjoyed huge, rapid price gains are the first stocks to give up those gains under bearish conditions. Just mho, of course. I have been plenty wrong before. I have never seen two stories disagree on announced earnings before. It will be interesting to see which one is corrected. Tuck

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