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: Douglas V. Fant who wrote (140)	6/13/1997 5:05:00 PM
From: kolo55	of 558

Keeping up with the analysts is a full-time job. And I just don't have time or the resource to do it. They always seem to be late with the buy, late with the sell, or over-exaggerate a relatively minor effect. And the investment managers don't always seem to follow the analysts. I got the info on the analyst info second hand from someone on the thread. He indicated that the analyst's name is Kang, couldn't remember the firm name, and he in turn got the news from a briefing from Fidelity. Sorry, for the limited info. I don't have access to all these analyst reports . Maybe Joe Dancy has the info, he usually follows the analysts closely. Then I got confirmation on the cause of the price drop from the Motley Fool Evening News on Wednesday: Flexible circuit maker SMARTFLEX SYSTEMS (Nasdaq: SFLX) (N) (S) lost $1 1/2 to $11 5/8 on fears that customer SEAGATE (NYSE: SEG) (N) (S) will be liquidating inventory and cutting back on production in the short term... I bought some shares yesterday, to roll over after the 30 day wash period and lower my cost basis. Well, at least that is my reason for exceeding my self-imposed limitation of 10% in one position. Paul

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