Electronic Contract Manufacture (ECM) Sector Message Board

STOCKTALK

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.

Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jeffbas who wrote (1524)	5/16/1998 3:26:00 PM
From: jeffbas	of 2542

Paul, On ACT, note my remarks on that thread about BAY - that their current business level is already down by over half from the high. I very specifically remember them being asked about the future outlook for BAY from that high level, when it first showed up - it was not for a major decline! As I get older and more experienced, Warren Buffett's comment about mgmt rings truer and truer. Don't invest in businesses that can be messed up by mediocre of poor mgmt - because you are likely to get it. One thing I have not seen, which surprises me, is some quantitative analysis as to the effect on business activity of inventory adjustments - because of lower demand for electronic products from Asia and just in time changes to more like the Dell pattern. It seems to me that a good analyst could estimate (in a range at least) how much demand is now being affected and how much it will bounce back when the adjustment is over.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next