Brightpoint - CELL Message Board

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Technology Stocks : Brightpoint - CELL

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To: Grabs who wrote (1280)	1/7/1999 10:46:00 AM
From: Paul Shread	of 1999

I'll be damned. I didn't think I was going to be smiling today; what a shocker. I guess even this market is capable of realizing value in a small cap. It's pretty logical -- if you're trading at 13 times earnings and announce that you expect to meet 30% growth estimates, you get a pop. I guess we had some traders bail out at the open, but that was about it. Not bad at all. Some good comments on this thread about the timing of the announcement, the charges and revenues; a lot to think about. Maybe Abby Cohen's comments this morning will force some money into undervalued areas? Paul

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