Electronic Contract Manufacture (ECM) Sector Message Board

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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector

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To: kolo55 who wrote (78)	3/4/1997 9:27:00 PM
From: Adelantado	of 2542

Thanks for your response. This evening's Motley Fool has an interesting article on why they think that SGMA took a hit yesterday: insider trading on next week's earnings report, exerbated by traders' panic based fears that something is going on that's not news yet. Analysis predict .30 this quarter and 1.22 for the year with a predicted week second half. With these, the forcast is a trailing p/e at 15.5 and a forward p/e at 14.5 based on last week's prices. SGMA is now the cheapest printed circuit board manufature in the group of other board manufacturers which are in the acquisition mode. So, was SGMA hit for a reason or was the drop just a sample of how the TA gurus can cause a panic by tossing their shaman-knuckle bones to the wind to see how the furture is portrayed? Joe.

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