Paul,
*OT*
I read your CLST comments with interest. Just a couple of points:
1.) CLST's recent quarter was its fiscal 4th, finishing a NOV 30 fiscal year, not its first quarter;
2.) In the release, CLST's management gave guidance to "Net income per diluted share at least $1.00" for fiscal 1999, as well as a number of other specific targets, such as revenue growth of 20-25%, SGA = 4.5% revenues, Operating margin = 4.0% revenues, as well as some others, including, notably, stability of earnings.
I am a big CELL fan, but the extremely strong guidance given by CLST makes it hard to me to believe that it deserves to sell at such a discount to CELL. CLST management is saying it's gotten religion... :>
jg |
