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Technology Stocks : Brightpoint - CELL
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To: Brian Lempel who wrote (852)8/25/1998 4:19:00 PM
From: Paul Shread  Read Replies (2) of 1999
 
10 13/16 x 10 7/8, last trade 10 13/16, intraday low 10 3/4: another new low. I tend to agree with Lucius, except I think this stock is too cheap to sell. What's fair value? Probably $20+ a share if you buy the long-term growth projections of 30% or so. Let's hope the market's fears are misplaced and they soon wake up. But short of those weasels in Tokyo doing something, I don't know what it's going to take to snap this nasty pattern. GSTRF contracts, maybe, or blow-out numbers.
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