Flextronics International (FLEX) Message Board

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Technology Stocks : Flextronics International (FLEX)

FLEX 63.68

+5.4%

Jan 2 9:30 AM EST

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To: Paul Senior who wrote (933)	11/20/1998 12:04:00 AM
From: rich evans	of 1422

Yes, How soon we forget. I remember not being able to buy back when FLEX was 20s,Jbil20s, DIIG 10s HDCO <20 etc. Instead I was running around meeting margin calls. Fortunately I didn't sell and when asked by a friend about selling to cover I told him it was time to buy not sell but I couldn't. SLR has always been one of my favorites based on the people there and I couldn't buy it . I did mention to get some call options in FLEX and others which I was able to exercise when the rebound came. But I think it is best to keep a reasonable reserve so you don't get caught short like I did as as this volatility IMO is not over and I remembered Paul Ks post about lightening up along the way so I was interested to see what he and others were doing. For myself I intend to lighten in the not too distant future but I am waiting for the next tax year and for more good news to get around. I think we can overestimate the street and publics state of mind on something we have all been following closely for the past 2 years. I've picked my birthday in Jan after Flex reports as a date to build up some reserves.( Sentimental Huh) Of course stops could be used just in case but the volatility makes these hard IMO. My history has been selling too soon but then as you say sleep is important. But I do feel better about owning FLEX and other ECMs sleepwise even at these prices then the big four DELL, MSFT, INTC and CISCO. SEE: Message 6466159 Message 6471048 Thanks for the post. Rich

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