SMARTFLEX ALSO MEMBER OF THE IOMG FAMILY Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : SMARTFLEX ALSO MEMBER OF THE IOMG FAMILY

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: wm sharp who wrote (210)	7/8/1997 12:17:00 PM
From: Douglas V. Fant	of 558

Bill, I checked the Zack's Subscription Service update for SFLX which was updated as of today. Zack's adjusted SFLX's estimated FY 97 earnings to $.71/share and FY 98 estimated earnings to $1.39/share, down $.33 and $.34 cents respectively, and expects about $.15 share for earnings which will be released about 7/14/97. Quarter wise, Zack's sees about a two quarter impact through 9/97 upon SFLX's previously expected (pre-SEG announcement) earnings, and then a resumption of "business as usual". So interestingly Zack's is more optimistic on SFLX's prospects than are the two or three brokerage houses who dropped next quarter's estimated earnings to $.03/share and FY estimted earnings to around $.55-60/share... One wonders if this difference is based upon the fact that Zack's is not a brokerage house, and has no stake in any given stock, but simply issues earnings estimates.... Also- don't forget that SFLX has a lot of cash. SFLX is not only an acquisition target- indeed SFLX could itself go "on the offensive" and make an acquisition themselves.... Sincerely, Doug Fant

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next