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

To: Paul Shread who wrote (440)	8/3/1998 1:22:00 PM
From: whitney	Read Replies (1) \| Respond to of 641

CLST fundamentals have not changed. Legg Mason put out this quote today: Quote * The SEC has filed an investigation into reports made by the company during 1995 and 1996 * Period covers the only time Cellstar has reported losses as a public company due to the writ-off of receivables in Brazil * CLST management is cooperating with the SEC and believes it is in full compliance. * We see few scenarios that would impact Cellstars current financial stability or operating strength. * We believe Cellstars business remains robust and the company is on track for a solid F3Q98. *We are maintaining our BUY rating based on strong operating trends and attractive valuation ÿ