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Technology Stocks : Flextronics International (FLEX)
FLEX 62.64-1.0%Nov 7 3:59 PM EST

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To: rich evans who wrote (802)9/22/1998 9:12:00 AM
From: 18acastra  Read Replies (1) of 1422
 
the low tax rate should not be held against FLEXF. the tax rate is sustainably low - i.e. will not change in the future so should not effect valuation. there is no quality of earnings issue here. SLR now trades at 2x the forward multiple of FLEXF. this is absurd in my opinion.
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