SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Brightpoint - CELL -- Ignore unavailable to you. Want to Upgrade?


To: JOE who wrote (1276)1/6/1999 9:47:00 PM
From: Brian Lempel  Respond to of 1999
 
Joe, that was my initial reaction as well.

I can think of two reasons. I can fantasize can't I?

1. They have a very good relationship with the institutional community. Keeping them informed builds trust, which equates to a higher p/e in the long run.

2. They want to avoid a quiet period before earnings so they can make some major announcement before the 28th.

:o)

Brian



To: JOE who wrote (1276)1/6/1999 10:24:00 PM
From: Grommit  Read Replies (2) | Respond to of 1999
 
It is proper to announce anything of significance as soon as known to avoid leaks and associated liability.

And it doesn't hurt to announce that things are OK. In this case, I think we have a little of both. I view non recurring charges with a wary eye. Extras have a way of getting dumpped in the trash bag opportunity by some companies. You never know all the details.

I accept the discontinue of the trading division charges as non recurring, but the distributor shift sounds more like normal course of business for a growing company. Hope the street accepts both as NR.