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Technology Stocks : ADFLEX SOLUTIONS ( AFLX )
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To: Jean-Philippe Chevalier who wrote (192)12/7/1997 10:09:00 PM
From: Mukti Samal  Read Replies (1) of 718
 
I talked to the CEO few days back. He is upbeat about the current qtr. Talked about Asia problem. He says Asia problem is an opportunity for them since cost of manufacture has gone down because of Thai Bhat devaluation and the interconnect product they make are sold mostly to US companies such as, Compaq, IBM, HP etc. I feel AFLX will do well in the current qtr and going forward into 1998. Thai plant is running at a higher rate to meet the current backlog close to $50m.

Stock does not reflect its fundamental. We should see $30 or higher sometime in January.
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