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Technology Stocks : Brightpoint - CELL -- Ignore unavailable to you. Want to Upgrade?


To: JBruin who wrote (364)1/27/1998 9:26:00 AM
From: David G.  Read Replies (1) | Respond to of 1999
 
It looks like a pretty good report.

Diluted 4Q EPS 0.18 (3 cents above estimates)

Diluted FY97 EPS 53 cents (6 cents above estimates of 47 cents !!!) - this bring down the trailing PE to 33.9 at $18/share. The highest estimate on the FY97 number was 50 cents. They surprised me and the street with 53 cents on the year, 12% more than expected. The high estimate was 50 cents. That's big and lowers their trailing PE.

Their Asia sales increased 48%. No evidence of Asian Flu here.

Let's see how the market reacts.