Sony has announced the Launch of PS2 but no mention of CLST just yet.
A few other releases are out with conflicting info regarding sales price of the unit. Hopefully somebody like cbs marketwatch or cnbc is calling cellstar for comment right now. We shall see, but I suspect Cellstar will announce once signed. Since nothing is on the wire about CLST it is likely that it is NOT a done deal.
Allright guys.....are you really that dumb! I have owned this junk since $6. I want the world to know about this news. A rumor on interfax doesn't cut it. We need a an announcement from Cellstar that CNBC will pick up. I don't want the paper copy, I want CNBC to get it.
You call that a release? That's 5 days old. The release will come from Cellstar and / or Sony with details of the partnership. To this point it has all been rumors. We know Sony is launching the PS2 but we have no confirmation that CLST is the distributor and if so to what extent.
dcc it makes sense that CLST will wait until Mon. AM to make the official announcement, given the light liquidity and extended Tksgiving holiday.
Everyone is back at their trading desks on Monday...
On another note, if the early Oct. chart pattern repeats, as it appears it may, we could be at 17 or so in about 3 weeks....
That makes sense but Cellstar has never worked that way. Once signed, they will make a release.
Without the sony announcement 17 in 3 weeks is probably a good estimate. With it, I think we are in the low 20's.