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

To: Grabs who wrote (1440)	3/12/1999 12:53:00 PM
From: sdr	Read Replies (1) \| Respond to of 1999

since the shortfall in net earnings is, according to the newsrelease, due to a change in accounting rules on how to expense $$$ already spent on "start-up activities" - this change appears to be the main reason for the shortfall - doesn't it follow that since the write-off will be expensed 100% this quarter that the following quarters will not have charges from this and therefore better than expected earnings assuming business stays on target - another major reason sighted for the decline was Kyocera handsets not being delivered in the quarter - and I assume will be delivered this year since the contract wasn't cancelled just delayed - this seems to be another reason to expect good quarters/numbers going forward - not worse - IMO