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Technology Stocks : Brightpoint - CELL

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To: IndyTom who wrote (991)9/25/1998 7:09:00 PM
From: Joe Williamson   of 1999
 
Tom, have you actually heard anything recently or just assuming since there have been no negative comments that earnings are still on track. It seems they have to be somewhat negatively impacted since they do substantial business in China and, I believe, some in Brazil as well and would be incurring the same tariffs as CLST. CLST said their revenues would be pretty much on track, so the tariffs must have been fairly stiff.

CELL's saving grace may be a much more rapid growth rate that CLST, but logic would suggest earnings will be somewhat shy. On the other hand an awful lot of bad news is priced into the stock price.
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