SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MGV who wrote (2442)9/18/2000 1:39:03 PM
From: rich evans  Read Replies (1) of 2542
 
It is strange listening to FLEX's conference call on Sept 5 as to business conditions described as "running flat out" running 24/7, " awesome etc. Flexs customers are the Motoloras, Nokia, Ericsson, Cisco etc etc. So if Flex is so busy the OEMs must be doing fine also you would think. AND other suppliers also going flat out like PCBs, ASICs SDRAMS,Capacitors, Microprocessors. Yet the prices of these stocks have come down substantially not really reflecting the booming business. I think in the first quarter of 2001 much of this will be more apparant and many of these stocks will have recovered substantially, especially SCI. Their quarterly rev estimates for DEC are 2.5, then 2.7, then 3.3. Flexs for Dec are 2.8, then 3.0. Not substantially different and earnings for flex are supposed to be for Dec 49 then 51 and SCI for the same quarter are supposed to be 44 then 51. So by the end of march these companies could be doing very similar results and with TELECOM increasing with SCIs latest deals, their sector business should become similar not to mention their similar enclosure strategies. Yet SCI sells for 1/2 of Flex. Is SCI way to low or FLEX way too high or a combo?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News