Flextronics International (FLEX) Message Board

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Technology Stocks : Flextronics International (FLEX)

FLEX 59.11

+1.2%

Nov 28 9:30 AM EST

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To: kolo55 who wrote (235)	5/27/1997 11:26:00 PM
From: rich evans	of 1422

I've been reviewing this stock as it has not responded to well. I looked at the other net margins in the industry and the 5% figure seems high. Even ACTM was 4.65% last year and it looked like the best. I used valueline. FLEXF could well stay in the 3.75 to 4 range in my opinion especially with their interest charges. Also the taxes are high in Sweden and this could help keep net margins low. It will be interesting to see this develop and what they report for April. My expectations are lower than ALEX Brown at this point. But even if they do $2 next year the stock should still be a profitable investment. Rich

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