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Re: Joe Stocks post# 35811

Thursday, 02/21/2008 9:47:53 AM

Thursday, February 21, 2008 9:47:53 AM

Post# of 77461
CELL - I guess this is better late than never...

AP
Clarification: Brightpoint Story
Wednesday February 20, 3:32 pm ET
Clarification: Brightpoint Earnings Story


NEW YORK (AP) -- In a Feb. 8 story on the earnings of Brightpoint Inc., The Associated Press reported that analyst William Choi of Jefferies & Co. expected a first-quarter decline of 13 percent over the fourth quarter. The sentence was incomplete, however, and should have said Choi expected total wireless industry unit sales to fall 13 percent in the first quarter over the over the fourth quarter.


Quite a big ooops if you ask me, especially since the company guided revs up and sells in India and China, I don't think those markets are quite as saturated yet.

"Talk is Cheap, it takes money to buy your freedom and the taxman is knocking on the door." from Carnival World by Jimmy Buffett.

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