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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Susan Saline who wrote (39667)5/17/2002 1:41:43 PM
From: Joe Stocks  Read Replies (1) of 53068
 
Susan- if you are looking for cheap casino plays I would look at CELL. Major cell phone distributor that is very unloved and real cheap. I don't see bankruptcy in the cards here and cell-phones have become a staple item. Once operating adjustments are made for the slower environment I expect them to return to profitability. $1.40 a share in cash and stock currently sells for 43 cents. Think they got a good solid business as I believe that as cell phone sales slow down more retailers will use distributors to keep invetories lower. Does about $1.5 bil in annual sales so it's no small company.

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