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Non-Tech : SMARTFLEX ALSO MEMBER OF THE IOMG FAMILY

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To: wm sharp who wrote (154)6/23/1997 11:18:00 PM
From: Douglas V. Fant   of 558
 
wm,

I took the plunge and bought more shares of SFLX @ 10 7/8ths today. Help me someone out there but I believe that SFLX's main DD customers are Quantum, Seagate, IBM, Iomega, and now Western Digital- Paul? Does that sound right?

Smart phones seem a plausible "next step" since flex circuits are already used in pagers... SFLX in now at the bottom of its recent price trading range. Zack's updated as of tonight estimates FY 97 earnings to be $.97/share, and FY 98 $1.61/share, with 21.5% annual revenue growth over the next five years, and gives SFLX a "3" or "hold" rating.

I noticed that SFLX recently filed a Form 144 with the SEC. Does anyone subscribe to Edgar, and can you read that report and see what it says? I also read INVX's latest SEC filing yesterday and INVX also noted flex circuits as an area of "major growth" through early 2000's....

Sincerely,

Doug F.
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