Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (91238)	4/2/2000 7:57:00 PM
From: Jenna	Read Replies (4) of 120523

FLEX.. I wouldn't be a seller just yet. On Monday this super company is completing the industry's largest merger ever. Its buying Di Group Inc. The purchase will make FLEX the key player in the assembly of circuit boards. Whenever LU and INTC expand, FLEX enjoys the extra revene. FLEX is the second most profitable company in the entire field. It also propels FLEX to be one of the biggest players in the European arena. FLEX was an intermediate hold and posted the sell just at the new 52 week high. It corrected down about 16 points from that high. Earnings are expected to growth 66% in fiscal '2000 and sales are 100% larger than last quarter. FLEX looks really nice. I do have a position in FLEX but that has been posted numerous times and that is not why the company should return to exceed recent highs. FLEX will move on its own merits.

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