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Technology Stocks : ADFLEX SOLUTIONS ( AFLX )

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To: Douglas V. Fant who wrote (580)3/5/1999 10:23:00 AM
From: Douglas V. Fant  Read Replies (1) of 718
 
Kent, As suspected not much reaction to the news announcement last night. I think that we are close to bottom here- back on about October 18th AFLX "near-gapped up" from the 3 1/2 level after it's October earnings relase.

IMO what we are doing now is filling that gap. IMO this is a good buying oportunity here. The Thai Plant is constructed, earnings are back to break even from last quarter. As a typical manufacturer, if AFLX ramps Thai volumes from here, then profit margins should increase since most costs of manufacturing are fixed while sales are based on throughput.. So hopefully AFLX can enjoy the profit margin benefits of an upswing just like it has sufferedd from the profit margins disbenefits of reduced throughput for the last year...
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