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Technology Stocks : Plexus Corporation (PLXS on NASDAQ)
PLXS 157.72+1.7%Jan 9 9:30 AM EST
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To: jim heger who wrote (117)7/16/1999 2:35:00 PM
From: rich evans   of 128
 
I saw the report but not the CC. I sold this stock in the high 30s . I think the profit margins are high and not confident they can be maintained although PLXS concentration on engineering gives them more value added and higher margins but I agree that stock is good deal under 30.PLXS is starting to increase growh and is leader in medical electrtonics at over 20 percent of its business. But PLXS does not have goegraphic diversity worldwide which is a drawback these daysand with Flex getting into more medical electronics with their recent acquisitions in Europe (ABB Plant) this could put some pressure on margins. But look at what BHE did recently and even ACT should get into the mid 20s next year.These mid tier companies are good investments in my opinion.

Rich
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