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


To: Mike I. who wrote (370)1/27/1998 3:46:00 PM
From: JBruin  Respond to of 1999
 
Mike,

My guess would probably related to the money mgr. on the conference call who referred to all of the short sellers telling him to sell his stock. Late in the conf. call he quoted these guys as saying "iridium is going to fall through, china will devalue their currency, asian customers are not going to pay, etc...)

So someone believes all of that stuff and is trading accordingly. I believe that some specific comments from analysts combined with some major announcements would cause the shorts to run.



To: Mike I. who wrote (370)1/27/1998 3:48:00 PM
From: JakeStraw  Read Replies (1) | Respond to of 1999
 
MI, Don't worry, the market has been punishing great companies right & left for either reporting great numbers or missing the analysts estimates by a penny. CELL looks great, just have a little patience.