Brightpoint - CELL Message Board

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Technology Stocks : Brightpoint - CELL

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To: Paul Shread who wrote (1356)	1/28/1999 11:45:00 AM
From: Grabs	of 1999

Nice upward pressure today. Can any technical types give a read on the charts. Anyone track the options? Is there a lot of open call interest? Hopefully, with another strong quarter we should be over $20 in no time. I think we need to see strong revenues and earnings above expectations. Last quarter, it was mostly the strong revenues which drove the gains after the release. Having both above estimates would be the double whammy which could trigger some more short covering. As of Jan 15th, there were almost 5 million shares short. If CELL puts out another strong quarter, boom! However, I do have some concern about Iridium's slow start with only 3,000 subscribers on line by 12/31/98. I know momentum is building, but will that have a lagged effect on Cell? Any and all thoughts welcomed! Grabs

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