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Technology Stocks : Benchmark Electronics (BHE)
BHE 42.78-2.0%Dec 31 3:59 PM EST

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To: solderman.com who wrote (63)4/25/2000 11:41:00 AM
From: rich evans  Read Replies (1) of 75
 
Here comes BHE into the ECM mix. Stock is rising. Upgrades announced. And a 50% growth forecast. BHE upped their forecasts for 2001 to something like 2.5 bill if things go right and business continues to grow like it is now. Margins will also go up as AVEX plants fill up and AVEX gets to 70% capacity. Result will be hefty increase in profits despite amortization now at 3.2 mill and interest charges over 4 mill. Even 2000 could exceed the 1.7 bill IMO depending on component shortage problems so things are definitely looking up and BHE is on the comeback trail and AVEX deal will finally pay off IMO.Lots of new customers with heavy ramps coming in Q4. They are actually expanding their plants in anticipation.

Rich
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