SMARTFLEX ALSO MEMBER OF THE IOMG FAMILY Message Board

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Non-Tech : SMARTFLEX ALSO MEMBER OF THE IOMG FAMILY

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To: Steve168 who wrote (553)	9/5/1997 8:21:00 PM
From: Joe Dancy	of 558

You might be right Steve - I'm not good at guessing the very bottom but I think we are closer to the 52 week low than what I think the high eventually will be (and it may be 6-12 months before we see a move). The book value here, and the fact that there is a lot of consolidation in the industry, and the fact that SFLX has little debt, puts what I consider a "floor" under the stock at around $10 or so. On the other hand, if things go well we can see much higher stock prices. It is not a short term play - I will plan to hold this one for awhile. Best - Joe P.S. - Have not had lunch with Carl yet. Send me your new e-mail address when you get it.

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