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: Creditman who wrote (73)	3/4/1997 9:11:00 PM
From: kolo55	of 2542

You're probably right about ELEX, but I don't know whats going on. I don't have your board industry contacts. Their new building in San Jose looks great and is located in a terrific spot. Everyone who drives across the valley using Hwy 237 goes right past it. The parking lot looks full and they are hiring, but so is everyone else, except Apple, these days. They said in their last conference call about 5 weeks ago that their new capacity here was only 30% occupied. It sure looks busier than that to me. If ELEX trades at 16 tomorrow, it is still at 16 times this year's earnings and has a forward PSR of about 1.0 . It is the premier backplane supplier in the SJV. The latest quarter was flat with the previous quarter revenues. Also one of their competitors here in the backplane business is merging with Hadco, so maybe the market is worried about increased competition from Hadco/Zycon. It could be any one of these factors or none of these. I don't know. If you hear anything, please post. I am interested in the stock. Well, I bought some Praegitzer today. Thanks for the tip. Paul

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next