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Technology Stocks : Flextronics International (FLEX)
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To: MGV who wrote (1265)5/9/2000 5:08:00 PM
From: rich evans  Read Replies (2) of 1422
 
The bottom is always hard to know or catch. But buying these ECMs at a future PSR of 1 has been a good price and profitable. FLEX just finished the year near 6 bill with 196mill shares. Based on their projected and discussed growth rates of over 50%, 10 bill seems doable and at 200 mill shares, you have a PSR of 1. So we are close to a bottom in my opinion. SLR is similar buy IMO with 21 bill future sales,and 614 mill shares. I just picked up more FLEX at 50 today.

Rich

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