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Technology Stocks : Flextronics International (FLEX)
FLEX 55.29+1.4%Nov 21 3:59 PM EST

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To: John Morelli who wrote (696)6/8/1998 8:34:00 PM
From: Yani Strei  Read Replies (1) of 1422
 
I found the article below from
cbs.marketwatch.com

Flextronics surges on upgrade

Flextronics International Ltd. (FLEXF) surged 4.4 percent higher after Bankers Trust Alex. Brown upgraded the shares to"strong buy" from "buy." Analyst James Savage said the semiconductor equipment maker has seen strong sales momentum in its current quarter with increasing sales to networking equipment makers. Savage remains confident that Flextronics will meet its June quarter estimate of 53 cents a share, as well as his fiscal1999 forecast of $2.43 a share. Flextronics ended the session up 1 23/32 at 40 23/32.
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