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Technology Stocks : Flextronics International (FLEX)
FLEX 63.25-0.5%10:30 AM EST

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To: rich evans who wrote (920)11/19/1998 10:35:00 AM
From: kolo55  Read Replies (1) of 1422
 
I'm not even thinking of selling.

I last bought at 50, but I'm not selling yet. For the short term reasons, reread this post (I now believe the estimate for FY2000 mentioned in this post is low):
Message 6371128

Long term, remember Marks comment from the annual meeting? He forecasts that FLEX could do $10B in five years or so. Put a PSR of 0.8 to 1.0(at peak) on that, and see what stock price you come up with. Remember the company can grow 30-40% a year on internally generated cashflow. I think the current run set off by SLR's forecast of $20B by 2001 for their company at a recent analyst meeting.

Enjoy.
Paul
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