Flextronics International (FLEX) 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 : Flextronics International (FLEX)

FLEX 58.29

+1.3%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: rich evans who wrote (1021)	1/22/1999 12:16:00 AM
From: patroller	Read Replies (3) of 1422

Hi Rich I had some one post that for me ,cause I was skiing two feet of fluff ,flex's report and how to put it in perspective,consider this flex originally estimated 66ct for the quarter, however they added 5mil share and they got hit with a currency loss that costing about 4ct a share,a one time event,they usually are well hedged,enough said base on that they could have beated by 26ct without the loss and the shares,my opinion is they blew it away,in exchange for the 5mil share they got 200mil cash,therefore they have one of the best balance sheets in the industry.So much for flex ,think about how jabil might perform with out the added shares to dilute earnings.jmho patroller

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next