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Technology Stocks : Brightpoint - CELL

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To: Brian Lempel who wrote (910)9/1/1998 8:48:00 AM
From: Paul Shread  Read Replies (1) of 1999
 
That's okay, I bought it at 14 and change in the last crash, so you've got plenty of company. Oddly, my stocks are still up about 7%; throw in my mutual funds, though, and I'm down 9% on the year. So much for "diworsification." Easy come, easy go. Let's hope we get more coming than going today. ;-) I still think CELL's action is both positive and indication of a bottom: it didn't capitulate until the very end, then did so less than the market and stayed above its previous low. Hopefully the market as a whole has reached a bottom; we're definitely oversold and ready for a bounce, if nothing else.
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