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Technology Stocks : Flextronics International (FLEX)
FLEX 63.750.0%3:59 PM EST

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To: kolo55 who wrote (944)11/25/1998 1:24:00 PM
From: P. Ramamoorthy  Read Replies (1) of 1422
 
Yes, big boys seem to want FLEX. I was expecting a P/E of 25 on the future earnings (1999) but it looks like the market may value FLEX at higher P/E (say 30?) on $3.5 of (future) earnings. When they announce the big telco customer, we'll know for sure. Targeting $45-50 after the split and the secondary? Ram
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