Flextronics International (FLEX) Message Board

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Technology Stocks : Flextronics International (FLEX)

FLEX 61.53

-3.3%

Nov 11 3:59 PM EST

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To: Knowles who wrote (391)	10/24/1997 2:55:00 PM
From: 18acastra	Read Replies (2) of 1422

Wrong! AFCI only down $5/8 to $30. FLEXF would not sell off if AFCI is not selling off. If AFCI having 15% of its revenues in China was a big deal. AFCI would be getting beaten up here. It is not. Why would Flextronics get beat up much worse than AFCI? The math makes no sense. AFCI is only a 10% customer of Flextronics, and it is growing like a weed. Flextronics is selling off because knuckleheads who don't understand the business and its P&L drivers are panicking over something they think is bad, but is really good for Flextronics. My opinion.

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