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

To: Brian Lempel who wrote (1035)	10/8/1998 11:44:00 AM
From: Paul Shread	Respond to of 1999

So far 7550/935 is holding: the bottom could be here. Knock on wood. Nothing like losing almost 80% of your value, though; those are Depression-era numbers. Merrill downgraded five-year growth rates for the sector big-time, so I'm sure that's hurting us. Maybe the IRIDF announcement is helping. Paul

To: Brian Lempel who wrote (1035)	10/8/1998 11:51:00 AM
From: Paul Shread	Read Replies (1) \| Respond to of 1999

CNBC reported that Ralph Acompora's downside target is now 6735; that's what stepped up the selling. Unfortunately, the market seems to listen to him too much -- we got buyers the last time at 7400 -- the exact point of his first prediction. The first media-inspired bear market. So far, though, support is holding. Paul