Sanmina Corp. (SANM) Message Board

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Technology Stocks : Sanmina Corp. (SANM)

SANM 155.49

-0.7%

Nov 19 3:59 PM EST

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To: Jonas Grumby who wrote (62)	6/5/1998 7:52:00 PM
From: kolo55	Read Replies (2) of 239

I can't clarify on bad news, but can pass on a rumor. It appears that at one of their larger volume board shops that they got from Elexsys, they are cutting back to a four day work week (previously 7 days a week I understand). This along with the DIIG announcement today of soft orders from their Multek board unit, confirms an industry wide slowdown among the board makers. messages.yahoo.com messages.yahoo.com@m2.yahoo.com But since the bulk of Sanmina's growth and earnings have come from backplanes and backpanels, I'm not sure what this means for the company bottom line. IMO, Sanmina is a good company, but high valuation compared to others in the sector. Good luck to Sanmina holders. Paul

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