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Technology Stocks : Flextronics International (FLEX)
FLEX 59.98+0.8%Nov 14 3:59 PM EST

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To: patroller who wrote (585)2/27/1998 7:36:00 AM
From: Judy Muldawer  Read Replies (1) of 1422
 
The newsletter I subscribe to, which originally brought FLEXF to my attention, had a target price of $ 48 for the year! Even I know there are 10 months left...which means FLEXF already has met the newsletter's goal.

Now I have to assess the situation further. Time to sell? Maybe a pullback? We've all seen this pattern before. FLEXF in the low to mid-thirties then a quick climb to $ 50. Last time that happened the entire tech segment dropped along with FLEXF. I don't think that will happen again. $ 60 is a realistic possibility, IMO.

Patroller - you really are going to buy more this morning? You are a gutsy player, but also a FLEXF believer. I like your JABIL/FLEXTRONICS analogy.

I told my husband that he is more than 1/2 way toward getting the new car he has been eyeing....maybe this weekend? <G>

Judy
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