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Technology Stocks : Sanmina Corp. (SANM)
SANM 158.06-1.7%Dec 5 9:30 AM EST

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To: kolo55 who wrote (8)3/4/1997 4:53:00 PM
From: Roger Brown   of 239
 
According to Kernan on CNBC, SANM got a jump today (+$3) becasue ALEX Brown went from a netral to a buy....Presently the stock has a rating of 1.6 (range of 1 - 5) (DJIA has an average rating of 2.25 presently)...SO this raises the rating to 1.5....We've had some weakness recently....I phones SANM to see what was up if anything and they said there had been no meeting with analysts to make it drop from $64 (which was way to high for SANM at this juncture IMO)...ANything in the $40's is a good entry point given that at $50, the Primary PE is 28.1....And its growing at least 50% EPS year over year....A lot of safety is built in if you can grab it under $50 (for the long term of course, who can count monthly market gyrations)......
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