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Technology Stocks : Continental Circuits (CCIR)

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To: Dana Breite who wrote (41)11/24/1997 4:12:00 PM
From: rich evans  Read Replies (1) of 54
 
CCIR reported today. Gross revenues on target but gross margins were 2% low. Earnings about a penny light from expectations at 31 cent per share. Still company on track IMO for 155 mill sales in 98 and 1.55 share. But new flex business seems tiny and would require a lot of investment to be meaningful especially with new tech such as flip chip on flex.

Rich
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