Flextronics International (FLEX) Message Board

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Technology Stocks : Flextronics International (FLEX)

FLEX 62.64

-1.1%

Nov 7 9:30 AM EST

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To: solderman.com who wrote (425)	12/4/1997 2:11:00 PM
From: 18acastra	Read Replies (2) of 1422

Agree. Misunderstood your point. FLEXF is probably selling off because of Ericcson news. However, the Ericcson news is completely inconsequential to Flextronics prospects due to profitability guarantee and the fact that the relationship is growing anyway. The market reaction is completely wrong. As a matter of fact, the Ericcson news is much less severe than 3-Com relative to Jabil because I could see there being some worry that 3 Com is slowing thus Jabils growth with them would slow. However, again with Flextronics, completely does not matter due to profit guarantee in Ericcson purchase arrangement. My opinion.

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