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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (8970)11/17/1999 4:12:00 PM
From: Grommit  Read Replies (1) of 78598
 
CLST & BL. I do not think that I am a voting member of the club. But if I was, your *buy* of Blair would be the third vote.

CLST -- Take a look. Distributor of cell phones along with CELL. (Cell had problems overextending internationally but is recovering.) CLST looks like a better buy to me. A big gain today for CLST prob due to 1/3 of revenue is China. In last qtr earnings press release CLST stated:

According to First Call at the time of the publication of this release, the range of the analysts' estimates for the fourth quarter was $0.33 to $0.37 in net income per diluted share, apart from non-recurring gains or charges. These estimates were based on revenue estimates ranging from approximately $725 million to $850 million. The Company believes its fourth quarter performance will be within these ranges, barring negative factors beyond its control.

Consequently, CellStar currently expects to report record revenues and earnings per share for both the quarter and year ended November 30, 1999; and expects to carry strong growth and earnings momentum into fiscal 2000, when the Company also expects to report another record year.


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