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Technology Stocks : Flextronics International (FLEX)
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To: Judy Muldawer who wrote (1127)7/16/1999 10:09:00 AM
From: Frank Drumond  Read Replies (1) of 1422
 
I think the sell off is that the EPS did not keep up with the revenue increase. Some are probably nervous about the 20% gap between the two. Would have been nice if EPS was up 40% plus like revenue. To me this is OK as I would expect higher levels of investment to maintain the growth. Still lots of upside in the revenue numbers. FLEX has great growth potential and is making money unlike an Internut stock.
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