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Technology Stocks : CLST - CellStar Corporation
CLST 15.040.0%3:59 PM EST

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To: fedhead who wrote (105)10/23/1997 4:48:00 PM
From: randy kay  Read Replies (1) of 641
 
Anindo, I bought some calls today when it hit -5$ but I'm a little sorry now, with that kind of close we might see further down tomorrow. I notice Vector has a stop loss set for $41 which it broke (albeit just for a moment). I can't figure out the problem today. Is it because of this heavy financing deal that CLST has with various financial institutions or is it because they are counting on Asian sales, or both? It sure seems today was an overreaction but I just don't know enough about the details.
Any ideas anyone?

Randy
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