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


To: Jolie Renee who wrote (916)9/2/1998 1:21:00 PM
From: Paul Shread  Respond to of 1999
 
My only concern about CELL going forward is tax loss selling between now and the end of October. Of course, if we keep moving up like this, we won't have to worry about that. ;-) And if we even meet our number in October, I would expect a nice bounce (and maybe even a run-up before then).

Keep your fingers crossed; this may just signal that we have found a bottom and established a trading range, which could hold until we get fairly positive S&P earnings in October, which given the fear built into this market would probably propel us to 10,000. Just kidding on that last one, but you never know.

I think we may have had our first media-inspired bear market; Ralph A. said 7400, and guess where we turned around yesterday? This was a buyers' strike, IMHO.



To: Jolie Renee who wrote (916)9/3/1998 11:26:00 AM
From: Paul Shread  Read Replies (3) | Respond to of 1999
 
Hey Jolie, how would you feel about $11 today? Unbelievable action, bucking the market's trend. Of course, as most of us are probably down 20-30%, it does feel a little silly to be talking about $11 as a positive.