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Technology Stocks : Brightpoint - CELL
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To: mark bailey who wrote (971)9/22/1998 1:13:00 PM
From: Richard Dustin Doyle  Read Replies (1) of 1999
 
Usually when Brightpoint says nothing, their earnings will fall right in line with estimates. But we need some bad news like someone downgrading to a sell or underperform, because when S&P upgraded "Darkpoint" to positive at 12, the stock goes down, and earlier this year many analysts issued strong buys and look where that gets "Darkpoint." Maybe if they have terrible earning their stock will go up because its P/E is under 15 and it is growing twice that rate, or maybe I should buy Coke at a P/E of 45 when it is growing around 10% per year. Market seems a little backwards to me. Just a little frustrated, but think about it!!

Dustin
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