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Technology Stocks : ADFLEX SOLUTIONS ( AFLX )

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To: michael b greenberg who wrote ()12/16/1997 7:24:00 PM
From: Kent Sarikaya  Read Replies (1) of 718
 
AFLX cut today, that's a good sign in my book. The stock drops 50% and then they give a cut after having a strong buy during the drop.

BancAmerica Robertson Stephens analyst Keith Dunne cut earnings estimates for companies in the electronic manufacturing products and services
sector, citing increased uncertainties in technology markets, particularly personal cumputers and data communications. Dunne lowered estimates on
ADFLEX SOLUTIONS INC, FLEXTRONICS INTERNATIONAL LTD, HADCO CORP, JABIL CIRCUIT INC, PARK
ELECTROCHEMICAL CORP, SANMINA HOLDINGS INC, and SCI SYSTEMS INC. "Despite our lower estimates, we remain fully committed
to our belief that continued outsourcing trends and industry consolidation should provide most electronic manufacturing products an services
companies with strong growth opportunties for years to come," Dunne said. (Reuters 07:04 PM ET 12/15/97)
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