Solectron Message Board - Msg: 13526138

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Technology Stocks : Solectron

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To: Francis S. Patrick who wrote (383)	4/29/2000 1:25:00 PM
From: rich evans	Read Replies (1) of 493

I don't see Friday's announcement as being so negative. At the cc last quarter they said 3.6 to 3.8 bill for Q3 and 21 to 22 cents. Yesterday they lowered revs a little to about 3.5 and said 20 to 22 cents citing continuing component constraints and timing of Nortel plant closings . They said the same things at the previous cc as possible uncertainties. So they have lots of business and will be shipping all eventually when components are supplied. Nortel announced increased growth and SLR and SCI will be sharing the increased business 50/50. And the additional financing announced of 1.5 bill means they are reloading for more acquisitons/expansion. Frankly, I hope the stock dumps so can pick up some more at a good price. Rich

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