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Technology Stocks : Flextronics International (FLEX)
FLEX 54.50-6.5%3:59 PM EST
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To: 18acastra who wrote (714)7/15/1998 7:44:00 PM
From: jeffbas  Read Replies (2) of 1422
 
Do you or anyone have any idea how SG&A could have gone from 4.7% to
3.8% in successive quarters. A startling result to me; but I do not know enough about the company to know whether this is fishy or not. Gross margins dropped a full percentage point and it took this drop in SG&A to achieve these results.
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