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Technology Stocks : SmartFlex Systems (SFLX) - Blitzkrieg or Sitzkrieg?
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To: rich evans who wrote (688)7/19/1998 1:02:00 PM
From: Rich Powers  Read Replies (1) of 848
 
Rich,

I'm curious about the float number. Zacks says that there are 6.5 million shares issued and outstanding. Of that number, 45% is owned by institutions and 50% by insiders. That would make the float 3.25m. Investor's Business Daily has the float at 4.8 million. Do you know how frequently these numbers are updated by Zacks and IBD? As an aside, I checked shorts and there are only 4000 shares short at 6/15/98.

This stock is clearly going to make it on its revenue and EPS growth numbers, or as you and Joe have suggested--through acquisitions.

Regards

Rich Powers
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