Brightpoint Results Positive for the Handset Food Chain (CELL, RFMD, SWKS, MOT, NOK, QCOM, TQNT, TXN, BRCM, LG, ERICY)

"Slash" submits: Brightpoint (ticker: CELL) reported results ahead of expectations on both revenues and EPS. For those of you who do not know what CELL does, a quick introduction is in order: CELL is a distributor of handsets for various carriers throughout the world. CELL also distributes accessories for handhelds.

CELL usually has great visibility into end-market demand. Overall, it seems as though handset demand remains strong as the wireless operators delivered units exceeding expectations.

CELL tells us that channel inventory is lean. That means Q1 might be stronger than seasonality, and that is usually good for the handset food chain. Stock include RFMD, SWKS, MOT, NOK, QCOM, TQNT, TXN, BRCM, LG, Samsung and ERICY. This is just some tea-leaves to keep in your mind, one data point does not make a investment necessarily.

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