SCI Systems Inc. (SCI) Message Board

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Technology Stocks : SCI Systems Inc. (SCI)

SCI 79.01

-0.8%

Nov 17 3:59 PM EST

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To: Douglas V. Fant who wrote (716)	4/28/1999 10:36:00 PM
From: rich evans	Read Replies (3) of 820

Doug, Hope you still own SCI. The cc was very interesting and positive. With a reduction in Tax rate , plus the finish of a lot of start up at new plants, plus the new business they talked about and the plant expansions, This stock is going to rebound and it should start on Friday. I bought some at 30 and more under 30 but I wish I'd bought more and may just put in an order tomorrow. The operating marging is going back to 3.8% in Q4 and they said they would do 57 cents on 1.7 bill revs which is 4 cents above analysts estimates. Plenty of announced and announced new programs of a sizeable nature. Growth looks at a minimum of 20% and stock even with bounce only about 15 times forward earnings.Look for more acquisitions with their strong balance sheet as they are calling the convertables and lowering their debt and interest charges. I wonder if they need a flex division? Rich

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