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Technology Stocks : Flextronics International (FLEX) -- Ignore unavailable to you. Want to Upgrade?

To: Frank Drumond who wrote (1128)	7/16/1999 10:30:00 AM
From: Sam	Respond to of 1422

Frank, Net income did keep up with revenue, just that there were more shares outstanding so EPS superficially wasn't as high percentagewise. From the press release: Quarter Ending June 25, 1999 June 26, 1998 Growth Revenue $529.8 $376.1 41% Operating Income 23.5 17.8 32% Net Income 17.6 11.7 51% Diluted EPS .34 .27 26% Adjusted EPS(a) .36 .29 24% (millions except per share amounts) (a)EPS excluding tax-effected Goodwill and Intangible Amortization Drop was almost inevitable, barring a huge upside surprise. Stock has been strong going into earnings. Same thing happened with JBL. It'll be back. s.