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Technology Stocks : Brightpoint - CELL

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To: Grabs who wrote (1489)3/21/1999 2:34:00 PM
From: scouser   of 1999
 
A very famous T/A guy once said "always remember a price peak or drop has memory , whatever happened last time after such an event will probably happen again".
Rather than use last october I would use october 1997, a similar drop in % as to last week, $24- $12 . Within one week it was back to $20. Also the actual earnings for that year were less than the newly expected earnings for this year.
QED

Some more good news, new forcast estimates for Q2,Q3,Q4, over Q1 are UP 120% ,UP 240% ,UP 380% . Can't wait to see those PR's on the newswire :)
brightpoint.com
John
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