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Technology Stocks : Flextronics International (FLEX)
FLEX 61.94-2.7%3:44 PM EST
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To: kolo55 who wrote (394)10/30/1997 10:48:00 AM
From: 18acastra  Read Replies (1) of 1422
 
Agree, but less worried about AFCIs stock price.

AFCI has such a huge P/E multiple, the stock price will always be very volatile. Flextronics, however, gets paid on units, and regardless of intermediate term volatility in AFCI price, the fact that that company is growing in the neighborhood of 100% and gives all of its business to FLextronics is a good thing.

My opinion.
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