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Technology Stocks : Flextronics International (FLEX)
FLEX 62.91+2.2%Nov 12 3:59 PM EST
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To: patroller who wrote (414)11/22/1997 4:20:00 PM
From: rich evans  Read Replies (1) of 1422
 
If you figure 1.4 Bill98 sales with the latest aquistition and a .042 profit margin, you get 56 mill in earningsdivided by 21 mill shares equals 2.80. So a PE of 20 would give selling at 56. But a more Jabil like PE of 25 would give 70. These are reasonable price targets and some I think would sell in the 56 to 70 range. There are more "optimistics" on this thread though.

Rich
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