Flextronics International (FLEX) Message Board

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Technology Stocks : Flextronics International (FLEX)

FLEX 63.55

-0.3%

11:09 AM EST

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To: Frank Drumond who wrote (1003)	1/12/1999 7:20:00 PM
From: Michael Anthony	Read Replies (1) of 1422

Well, Oppenheimer initiated coverage with a buy today. That probably helped. I'm assuming the volume means the news came out during the day. Let's see if many like me find that out tonight so they can consider buying tomorrow :) With earnings next week and today's relative strength, I think FLEX will be a winner here because the market is getting more and more critical of earnings and companies who can't deliver. FLEX is just the right kind of tech stock to own in this market now IMO. Not flashy or hyped, growing earnings steadily in the 30% area going forward, and one of the 3 or 4 leaders in it's sector. Some days I wish I'd bought YHOO or AOL, but I am very happy with FLEX's prospects for this market which is getting so critical of specific companies earnings. If I were in the internet stocks now, I'd be unable to work every day without checking the market every 5 minutes :) FLEX still has plenty of room to run if they deliver on earnings IMO. I personally have no doubt they will and I'm looking forward to the market's reaction. C'mon 50!! JMHO

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