SMARTFLEX ALSO MEMBER OF THE IOMG FAMILY Message Board

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Non-Tech : SMARTFLEX ALSO MEMBER OF THE IOMG FAMILY

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To: Joe Dancy who wrote (122)	5/21/1997 7:38:00 PM
From: Douglas V. Fant	of 558

Joe, Adams Harkness revised earnings estimates on SFLX today to FY 97 of $.95/share and FY 98 of $1.67/share. In my mind SFLX got unfairly "hammered" today. So I bought back inSFLX stock today. I will continue to accumulate SFLX shares at this price level. I agree with you. Removal of capacity constraints in the HDD market does not necessarily affect SFLX's earnings. It will take a while for sentiment to recover, but SFLX is now really cheap.... Sincerely, Doug F.

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