SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: G.M. Flinn who wrote (2205)1/25/2000 11:03:00 PM
From: G.M. Flinn  Read Replies (2) of 2542
 
BHE upgraded ... SAN FRANCISCO, Jan. 25 (Reuters) - Robertson Stephens analyst J. Keith Dunne said Tuesday in a research note that he raised the rating on Benchmark Electronics, Inc. (NYSE:BHE - news) to buy from long-term attractive.

--``We believe that the first quarter of 2000 should reflect improvements, following initial disappointing results from the acquisition of AVEX in August 1999,' said Dunne.

--``Over the past few years, many electronics manufacturing services companies have been impacted by short-term events, only to emerge as stronger companies. We believe Benchmark will also emerge from the AVEX acquisition a stronger company and should report improved financial results and additional important customer awards in the coming few quarters. For example, we believe the company has recently won two multi-hundred million dollar awards for medical and hi-end computing products.'

--``In addition, we are increasing our earnings-per-share estimates to reflect an industry trend towards Cash earnings-per-share, versus GAAP earnings-per-share. Our Cash earnings-per-share estimates are $1.13 for fiscal 1999 and $1.60 for fiscal 2000.'

-- Benchmark shares were up 3-3/16 at 27-5/16 in early afternoon trading.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News