Brightpoint - CELL Message Board

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Technology Stocks : Brightpoint - CELL

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To: Paul Shread who wrote (1271)	1/6/1999 6:56:00 PM
From: Grabs	Read Replies (1) of 1999

Paul- I hope you were right about market expectations. I'd hate to see this news tank the stock The company gave a pretty wide range, especially for revenues. ($495-$515) I found two analyst opinions for a comparison: Merrill is projecting $505MM revenues and .24 EPS BT is projecting $500.8MM revenues and .23 EPS I would not characterize today's release as a warning. I'm not sure how to interpret the issue of asset write downs, however. Also, issue of Brazil difficulties was brought up, but I think that's widely known and understood. In fact, Merrill cited Brazil results as "somewhat dissapointing" in their report on CELL dated 1/4/99 . I think if the company comes closer to the $515MM range and EPS is .23 or .24, then the stock will see more upside from here. I guess we'll know better on Jan 28. Grabs

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