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Technology Stocks : Flextronics International (FLEX)

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To: patroller who wrote (1121)7/14/1999 1:40:00 PM
From: rich evans  Read Replies (3) of 1422
 
Flex has stalled out this week in the $57 rang but JBL looks like it is going back on track and headed toward convergence with FLEX and is valadating Pauls valuation/trading strategy. But the real feast is DIIG announcing another 200 mill in annual new orders and passing thru 40. Pauls analysis posted many months ago has been worth a lot of dough and DIIG keeps putting in more yeast. I think it will join the big brother valuations which will put it at FLEX numbers since the earnings per share are tracking FLEX although 6 mill share dilution on secondary may change things somewhat. But it does reload their gun for more targets.
Caio
Rich
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