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


To: MulhollandDrive who wrote (153)12/2/1997 6:28:00 PM
From: 4-UR-Eyes-Only  Read Replies (1) | Respond to of 641
 
Today's high was $29 1/2.

CLST's 4Q closed at the end of November which means all the year-end
purchases from cellular carriers or agents should be done by 11/30 in
order to increase the inventory level for Dec. promotions which
usually bring in more than double the number of customers. With
higher PCS/800MHz(CDMA) digital phone prices, CLST should have very
strong domestic SALES figures. The sales from Asia should be OK if
CLST shipped the phones in Oct. and collected money in Oct. I hope
CLST CFO is sophisticated enough to hedge all the foreign currencies
so the sales figures won't suffer much because of the currency
devalutation from Asian customers.

Unfortunately we won't find out anything until Jan. 1998 when CLST
releases its 4Q results. But if CLST does not have any earnings
pre-warning in the next two to three weeks, we may have a good
4Q.