Brightpoint - CELL Message Board

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Technology Stocks : Brightpoint - CELL

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To: Brian Lempel who wrote (1090)	10/22/1998 4:50:00 PM
From: Grabs	Read Replies (1) of 1999

Actually, cash was up from $6.4MM including marketable securities (12/31/97) to $37.2MM at 9/30/98. Looking at the release, I especially like the growth in value added logistics sales which have higher margins. Everyone knew or anticipated that Asia / Pacific would be weak, and it was, but I'll take 44% growth. I'd like to know how much was due to acquisitions and how much due to internal growth. Everything else looks really solid. I'll be surprised if CELL gaps down because of the earnings shortfall. This company has a lot of momentum and put up a nice quarter despite tough market conditions.

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