Brightpoint - CELL Message Board

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Technology Stocks : Brightpoint - CELL

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To: stockid who wrote (1912)	12/29/1999 10:11:00 PM
From: SJS	Read Replies (1) of 1999

Stock seems to be basing here, for an attempt at moving higher. It needs additional news and, momentum money and continued high volume (not like today.....) to do that, though. I think we're digesting the recent move and trying to move the tax sellers out of the way. I think possibly that the usual earnings hype will move it over 15, and attempt to sustain it in a new trading range. Although the big news is out for now, I haven't decided to fully unhedge myself position yet, although I would like to see a little more resilience in the mid 14's, providing a solid supportable technical base. I suspect the new year will provide that opportunity. Steve

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