INVX Innovex Comdex Winner !! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INVX Innovex Comdex Winner !!

INVX 23.97

-0.3%

2:08 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ram Seetharaman who wrote (2800)	1/8/1999 10:57:00 AM
From: Douglas V. Fant	Read Replies (1) of 3029

Ram, To my friends here and as a long time poster on this Thread I might mention another overlooked flex circuit manufacturer that reports in about 10 days and that is AFLX. Even less street coverage than INVX. No up or downgrades in about three months, selling at 120% of book value. Look at last quarter's earnings report. Unlike INVX in its pending semiconductor deals AFLX did "name names" and announce new design wins in flex connectors with Dell, Samsung, and Xerox- and also a 29% quarter over quarter increase in order backlogs. AFLX ran from 2 1/2 to 9, and now has settled back to the $6 1/2 /share area with a book value of $5.50/share It peaked at $26/share last year. On the downside unlike INVX it has 30% debt and it's a small cap, so it's not as stable as INVX, but similar to INVX an undervalued flex/flip chip manufacturer... AFLX reports a little earlier than INVX coming in on about the 19th of January I think. In fact look at the AFLX report and its sale of flex connectors to the telcomm and semi conductor portions of the market as an indicator of where INVX may also be.... IMO as cabled and wirelss communications systems expand worldwide, there will be a very large market for flex connectors and small flip chips, both of which go into communications gear... So if AFLX (or SFLX for that matter) coms out with good earnings reports in the next week or so, then consider that as an indocator that INVX's flex/flip manufacutring portion of its business may be ready to take off.... Sincerely, Doug F.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next