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Technology Stocks : CLST - CellStar Corporation -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (109)10/23/1997 6:29:00 PM
From: Karl Radke  Respond to of 641
 
Wow, CELL got hammered - i think the combo of Asian fears, recent earnings that only met estimates and the "Outperform" rating today combined to kill that stock. CLSTat least got a "Buy" rating out of the deal.

i think it's all a blip on the radar. Cellular isn't going away anytime soon, despite all the gloom and doom that CNBC may spread.



To: MulhollandDrive who wrote (109)10/23/1997 9:42:00 PM
From: BillyJoe McCallister  Read Replies (2) | Respond to of 641
 
betty, i really think most of the loss today was due to the hong
kong situtation and it just snowballed, taking out many stop loss
orders. the oppenhimer analyst said he expects 30% growth a year
with a nine to twelve month target of 61, said the business remains
very strong, i think this is a buying opprotunity and will watch
the action tomorrow morning, navellier of mpt review still has
it as a buy as well, once the markets settle down we should move
up, at least it closed off its low, as with everything on wall
street, an over reaction