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Technology Stocks : Solectron

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To: Foo Bar who wrote (357)2/16/2000 7:01:00 AM
From: Exacctnt  Read Replies (1) of 493
 
Foo Bar, According to CNBS, Solectron participated in an analyst meeting and made a statement that this quarter's sales would be back loaded, meaning that sales were weak in the first part of the quarter and if they were to meet their numbers, the last month would have pick up. Solectron's last quarter hinted that business would be weak going into this quarter due to inventory buildup from Y2K concerns.

Regards
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