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Technology Stocks : Sanmina Corp. (SANM)
SANM 160.31+3.7%Nov 14 9:30 AM EST

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To: Roger Brown who wrote (73)9/29/1998 11:45:00 AM
From: rich evans  Read Replies (1) of 239
 
SANM seems fairly valued at 30. Should do $1.45 for year (Sept). Has hadpush outs of business and changes from turnkey to consignment on some business. Its major customers are consolidating /merging with each other which creates unknowns for its orders. Altron they say will be accretive barely. But with over 58 mill shares out after the merger their psr will be over 2 based on merged sales revs over 1 bill,and with about 1.90 earnings next year their PE seems to be more in line with its peers than before. Still I am cheering it on as an ALTRON shareholder.

Rich
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