Flextronics International (FLEX) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Flextronics International (FLEX)

FLEX 54.50

-6.5%

Nov 20 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jeffbas who wrote (530)	2/11/1998 9:32:00 PM
From: John Morelli	Read Replies (1) of 1422

Patroller's target valuation seems optimistic (although I certainly hope he's right). My guess is that by 1998 year end, assuming a favourable market and '98 earnings as forecast, FLEXF could hit $75 which would represent 30 times March 1999 earnings of $2.40 (which will likely be revised upward by that time therefore say 25 times 1999 earnings). Given FLEXF's historical growth, a much higher PE could be justified (since 1992 for example sales have grown 600%) but I don't think that will happen. Just one man's opinion. If FLEXF moves to $75 by year end from current $38 level, we've got a 100% return. I'll be quite satisfied.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next