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Technology Stocks : Flextronics International (FLEX)
FLEX 54.50-6.5%3:59 PM EST

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To: jeffbas who wrote (629)4/3/1998 10:37:00 PM
From: rich evans  Read Replies (1) of 1422
 
I think this was good stuff and the market liked it. For one thing Marks has admitted that the Wales operation was unsatisfactory and the purchase was a mistake. Now he gets to correct this mistake by getting the Scotland plant thrown in with his plan to expand capacity in San Jose. I didn't know anything about that and I think that is the best news. The write offs except for the Wales writeoff are just part of the purchase price and don't bother me and it is fortunate that he can correct the Wales problem so soon and easily. I was going to just take my profits in the calls I have but I think it might be better to exercise and get more stock. What do you think?
Rich
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