Flextronics International (FLEX) Message Board

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Technology Stocks : Flextronics International (FLEX)

FLEX 63.03

+0.3%

Dec 18 3:59 PM EST

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To: Pruguy who wrote (1279)	5/31/2000 12:20:00 PM
From: Alohal	of 1422

".Why would flex sell the shares @ 20% of market close and only 15% of the price per share in March?" Several reasons just off the top of my head: 1. Motorola gets a cheap stake in FLEX in return for 30B of business, good for them, good for FLEX & FLEX shareholders. 2. Establishes a long term relationship with a tech giant with all the future benefits of further outsourcing, financing agreements and rapid expansion of FLEX through acquisition of some MOT manufacturing capacity 3. Puts a big chunk of shares in very strong hands. I'm sure others can find more reasons than these, but they're more than enough to please me. I think FLEX just vaulted past their competitors. Think any of them have a 30B agreement with anyone?? Even the SLR/NT deal is only 1/3 the size of this one! Think of it this way, 30B in revenue from MOT alone over the next 5 years, that's an average of 6B/year, or 2/3 of Flex's entire revenue this year!! YAHOO!!!!!!!!!!!!!! Cheers Alohal

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