Flextronics International (FLEX) Message Board

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Technology Stocks : Flextronics International (FLEX)

FLEX 63.03

+0.3%

3:59 PM EST

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To: solderman.com who wrote (1305)	10/10/2000 12:46:39 PM
From: Michael H	Read Replies (1) of 1422

All of the ECMs are pretty much beaten today. JBL, SANM, SCI all down 10%. JBL was down 8.5% yesterday already. So at least the problem doesn't seem to be specific to FLEX. In the last month, FLEX held actually up pretty well against the peers. siliconinvestor.com Maybe SCI is leading the group, maybe weak PC sales are pushing the price down. Maybe there are some concerns about the strong Dollar against the Euro weakening FLEX European sales when converted to Dollars. I don't think any of these reasons is valid. I remember in 98 when FLEX was beaten to half in September but fully recovered in a month or so. We have to wait for the numbers at the 24th. Michael

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