CLST - CellStar Corporation Message Board

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Technology Stocks : CLST - CellStar Corporation

CLST 15.02

-0.2%

Nov 28 12:34 PM EST

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To: Mr. Pink who wrote (230)	1/21/1998 10:44:00 AM
From: Kevin Hay	Read Replies (2) of 641

Chiming in for CLST. The way I see it, asia can stay flat for 'a while' and CLST can have a large inventory right down and this stock price will be hurt very little. In fact I would say an inventory right down would help this stock. It doesn't make a lot of sense to me, but I've seen it a number of times (VLSI and UIS are first in my mind) where companies right off this or that and investors seem to be relieved. If you take 50% of their 5 year historical PE of 23.4 (11.7) and put clst at this PE, the price would be about 29. This is very conservative. 5 year projected growth rate of 30%..., this stock already has WW3 priced into it. Of course I try to not underestimate momentum players on the upside, or the downside. Wireless is hot, and is just going to get hotter for years to come. Even in a trashed asian economy I think there will still be growth there. And europe is strong. Mr Pink, though your name is cool, and you have called this one well, I don't think CLST is going away. Do you think it is? Personally, I'm in at ~22 deciding at what point I want to average down. -Kevin

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