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Technology Stocks : ADFLEX SOLUTIONS ( AFLX )

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To: Robert Wuj who wrote (601)3/8/1999 1:07:00 PM
From: Douglas V. Fant  Read Replies (1) of 718
 
Robert, Studying the news announcement- I wonder if we are not being a little too hard on AFLX. Look at the following portion of Mr. Frederick's statement:

"The impact of the new product delays is particularly disappointing since it masks a recovery being experienced by other customers across several applications and product segments. The first-quarter 1999 delays are, we believe, a one-time problem associated with these specific programs."

Recovery across "several applications and product segments".... The April earnings release should give us a little more detail on these issues...

Today is shaping up as a heavier than normal volume day but with less percentage price motion than friday- perhaps the selloff post announcement is burning itself out...
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