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: rich evans who wrote (239)	6/3/1997 12:13:00 PM
From: kolo55	of 1422

Your right Rich; only a few ECM companies get to 5%. I looked at recent margins in the sector, and will post a discussion on ECM thread. Still, when these companies aren't writing off things etc., the margin is generally above 4%. And there is no reason Flextronics won't eventually see those kinds of margins, instead of last Q's 2.9% (before restructuring charges). BTW, the sell-off today may be due to general tech weakness, but yesterday, Don Fredricks (former Flextronics finance VP) was announced as Adflex's new CFO. This may be contributing to the weakness today. Paul Paul

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