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Technology Stocks : Brightpoint - CELL

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To: Grabs who wrote (1347)1/25/1999 5:52:00 PM
From: Brian Lempel   of 1999
 
The upside is that their Topp investment didn't drag them down like the last 2 quarters. Topp seems to have gained a lot of momentum this quarter, with deals w/ Nokia and MOT. And the prepaid cellular market is growing faster than the industry...it's hot!

And their revenues are sure to be on the high end of estimates, perhaps even more so than brighpoint. Anyways...they are still a large and growing company. When they get earning back on track...the stock will be back in the teens. I view their relationship with QCOM as a big plus too.

Brian
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