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Technology Stocks : Flextronics International (FLEX)
FLEX 61.53-3.3%3:59 PM EST

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To: 18acastra who wrote (392)10/30/1997 12:11:00 AM
From: kolo55  Read Replies (1) of 1422
 
I have been researching AFCI a bit.

I see the stock has dropped down from the mid 40s on October 10 to the current level of 30-31. It appears that it did drop based on China/Asia concerns. I don't think that should have caused FLEXF to drop as far as it did, but considering the way the market got beat up and then rebounded, it least it explains a bit why the institutions bailed as much as they did.

I'm going to learn a bit more about the company and its products. If nothing else to understand why 6 analysts rate it as Strong Buy, one as Buy, and no holds etc. Its always interesting to study these ECM companys' customer prospects.

Paul
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