Flextronics International (FLEX) Message Board

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Technology Stocks : Flextronics International (FLEX)

FLEX 55.29

+1.4%

Nov 21 9:30 AM EST

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To: jeffbas who wrote (636)	4/5/1998 5:40:00 PM
From: John Morelli	Read Replies (1) of 1422

Its price is relatively higher because it is believed its growth prospects are relatively stronger. So its reasonably priced vis a vis the ECM group. In fact I would not be surprised to see the FLEXF move up to the high forties over the next two weeks leading up to the earnings announcement since I believe FLEXF has done this before and then fallen back afterward. If Marks gives any indication, as part of the earnings release, that FLEXF revenue growth may slow we will get hammered. So far I think the expectation is that FLEXF revenue should ramp up over the next six months. Here's to an upbeat earnings release/conference call.

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