BIOTECH & TECHNOLOGY INVESTING *UNDERVALUED*{T/A F/A & V} Message Board

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Biotech / Medical : BIOTECH & TECHNOLOGY INVESTING *UNDERVALUED*{T/A F/A & V}

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To: BRAVEHEART who wrote (352)	6/1/2000 1:50:00 PM
From: tuck	Read Replies (2) of 423

Hiya, Jeffrey, I guess I'd better make my case for FLEX quickly. They just announced a mega deal with MOT, but lost some the spike with today's downward drift. I think it was traders flipping. I expect an uptrend as a substantial chunk was also position traders entering, i.e. stronger hands remain at the end of the day. Any legs to the rally and this is one of the leaders. It was already sporting a reasonable PEG ratio for a semiconductor company, and it's in a hot market. FLEX has strong biz momentum. The chart pattern viewed over several months exhibits what "Street Smarts" calls a Wolfe Wave. Not going to violate their copyright; suffice to say it's very bullish here, as are some other aspects of the chart. If the pattern plays out, FLEX could bust highs by the end of the summer. The deal bumps annual revs something like 60% if my knee jerk math is correct. Anyhow, here's some links. Y'all do your DD, but I suggest wrapping it up pretty quick while this thing forms a flag. I know some folks are short and have bailed on the news, so I'll be curious to hear the club's take on this one. biz.yahoo.com biz.yahoo.com clearstation.com Cheers, Tuck Long via sold June 60 puts

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