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

To: IndyTom who wrote (850)	8/24/1998 8:20:00 PM
From: mauser96	Respond to of 1999

I wish we could take solace in saying that CELL is tracking the market down. Actually,it's relative strength (compared to NASDAQ) has been quite negative the last month. To make it worse, it has broken long term support at around 12, and closed at it's low for the year today. I'm definitely not happy with this dog. I held on too long and am paying the price for my hubris now. There is only the most minimal chance of any improvement in the next few months because tax loss selling will be here soon, and this is a small cap stock in a big cap market It's not actual poor earnings that resulted in the drop, but fear of the future. Considering the turmoil overseas, this will also take time to get better. I don't want to rain on anybody's parade, since I'm also in the parade ,but for me at least it's time to face facts about CELL. I'm going to bite the bullet and sell my holdings tomorrow. Even if it comes back sometime in the future, the money that I have tied up in it could be used for better purposes. I may keep some shares as a long term speculation, which is all that CELL is at this time. good investing

To: IndyTom who wrote (850)	8/24/1998 9:42:00 PM
From: Brian Lempel	Read Replies (1) \| Respond to of 1999

I totally agree with you regarding the small cap selloff that has been ongoing for some time. The valuations are very low. But with its present growth rate, IRIDF and possibly other large contracts in the pipeline, maybe CELL can ditch its status as a small-cap company! As far as the shifting of demand, possibly you misunderstood me (although you don't show the lack of comprehension that plague most posters). My point is not that Brightpoint itself would move products to other markets, but the handset makers themselves would act to stimulate demand in the more robust economies of North America and Europe through some sort of price cut or other incentive. My guess on earnings for '99 including IRIDF is in the range of $1.30 to $1.35. So a price objective in 12 months of $30, or roughly a 200% gain is not unreasonable. Keep the faith! Brian P.S. I am taking AP Calculous, English 3 Honors, AP American History, Band, a computer class, Physics Honors, and Spanish 3 honors. I am teaching myself C++, and am also webmaster of towncars.com so check it out! Anyway, I view this as unlikely simply because of the incredible demand in emerging markets even in their current state. As long as cellular is cheaper than a land line, I don't think we have a problem!