SCI Systems Inc. (SCI) Message Board

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Technology Stocks : SCI Systems Inc. (SCI)

SCI 80.41

+0.8%

Jan 30 3:59 PM EST

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To: norm chin who wrote (817)	1/23/2001 9:02:41 PM
From: rich evans	Read Replies (1) of 820

I think we may be in some trouble on SCI. They guided down a billion dollars for the year and about 25 cents a share for the year based on about 300 mill reductions in PCs , 300 mill reduction in Ericcison/Lynchberg, and 300 mill in STB business probably Nokia. Echostar seemed OK in the STB business. The didn't do their due diligence on the Lynchburg deal as to available business and missed it by 50%. The stock is cheap and now we know why. Too bad. Their margins are under pressure due to component problems , interest charges are up,as well as I/T and DSO. Darn it all anyway. They need to manage better IMO like a FLEX or JBL or SLR. Good side is their PC business is going down as far a mix with telecom going up. Enclosure stategy doing well. Hopefully their conservative numbers will lead to upside surprises but for tomorrow I expect a hit. Enterprise/server need the intel IA64 bit chip too take off IMO which is like waiting for GODOT. Rich

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