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Technology Stocks : HDC: Hadco Corporation
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To: Jack of All Trades who wrote (10)4/20/2000 3:40:00 PM
From: Bo-jest  Read Replies (1) of 12
 
To J-O-A-T,

Thanks for posting. Still holding HDC and was hoping for a better outcome than this. Not sure what's good about it for Hadco, its a great deal for SANM.

Maybe its a chance for HDC assets to benefit from more active and aggressive PR management. If HDC's price at 65 were ratioed to Sanmina's PE of about 50, you get a price on Hadco of $108/share. That's what I believe Hadco should be worth. How to get there now is 108/1.4 for a Sanmina price of $77. We'll have to wait a while for that.

Your thoughts?

Bo-jest
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