To:Dave Gore who wrote (6680)
From: rich evans Thursday, May 2, 2002 3:41 PM
Respond to of 6696
Dave, for a frank and different viewpoint of the EMS sector, go to the Celestica website and click on their presentation today at the SSB conference. Good info on metrics, growth, future, models, new deals, state of OEMs, telecom etc. Very candid. Also with Vishay reporting increased chip bookings as did Fairchild and others, the lead times on these chips are usually 6-9 months . So maybe that is turnaround time. The passive components and standard powersupplies etc are used immediatley so I would expect to see these bookings increase in another 6-9 monthes. So maybe flat revs in EMS for 6-9 months and then we will see revs go up. But with OEMs letting their factories die, with no capex improvements etc., the EMS guys will be getting all the new business and should really take off. Big barriers to entry so the top 5 have a lock imo.Regards, Rich |
