Flextronics International (FLEX) Message Board

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Technology Stocks : Flextronics International (FLEX)

FLEX 62.91

+2.2%

Nov 12 3:59 PM EST

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To: jeffbas who wrote (572)	2/25/1998 1:20:00 AM
From: kolo55	Read Replies (3) of 1422

Come on Jeff, fess up. you own some Flexf now, right? Then enjoy the ride. The stock done good in a bad ECM sector today, caused by KNT warnings. I can't read anything into the trading pattern of the stock, except that there appears to be a persistant buyer, and a dearth of sellers. If Flexf catches up to Jabil and SLR (46-48 range), then I'll worry about a short term pullback. There also are 2.2M secondary shares sold at that price last fall at 47. Thats why I think the next resistance point is at 47. But based on what I'm hearing, I expect we take out that resistance and set new highs before next earnings report. Paul

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