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


To: Paul Shread who wrote (1088)10/22/1998 4:32:00 PM
From: Jolie Renee  Respond to of 1999
 
Paul, do you have the info on the conference call?
Thanks.



To: Paul Shread who wrote (1088)10/22/1998 4:33:00 PM
From: Brian Lempel  Read Replies (2) | Respond to of 1999
 
I am going to listen to the CC. I have to go to a football game, but I'll post my notes when I get back, for sure!

I am not sure how to tgake the earnings. Top line growth was very, very surprising. And yet margins took a huge hit! Asia was particularly weak. Cash levels actually declined, and this has been a big issue with the shorts. But it is hard to know how to interpret this, since so much funds must go into the funding of inventory for the big holiday season.

Good luck to all,

Brian



To: Paul Shread who wrote (1088)10/22/1998 4:38:00 PM
From: DD™  Read Replies (2) | Respond to of 1999
 
PS:

Briefing.com screws up in reporting revenues..

"Brightpoint Inc. (CELL) 11 1/16 +11/16: provider of wireless handsets and related accessories posts a Q3 net of $0.18 a share, a penny below the mean estimate, vs year-ago profit of $0.12 a share; net sales fell 45% to $243.21 mln....."

briefing.com

DD