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Technology Stocks : Solectron -- Ignore unavailable to you. Want to Upgrade?


To: Steve who wrote (327)8/30/1999 12:57:00 PM
From: kolo55  Respond to of 493
 
Check out the recent press releases on/by Romania

Looks like a local Romanian official stated that Solectron was going to move all their European operations to Romania... the company came out with their own press release contradicting this.

Also the stock had quite a run, and had pulled away from the rest of the group, so an adjustment like this looks normal.



To: Steve who wrote (327)8/30/1999 7:39:00 PM
From: sbwookie  Read Replies (1) | Respond to of 493
 
Steve,

SLR price and volume do not behave like other CEM stocks. SLR market is 98% institutional volume, SANM is 80%, FLEX is 75%, JBL is 60%. SLR trades 1.3M sh/day with relatively little difference in volume over days. The other CEM stocks have less average volume and more change in volume over days.

My model says the nominal SLR price should be between 70.25 and 73.75 close tomorrow. Any price above 73.75 is subject to profit taking. 78 is not likely again until Oct 1. SLR will close the year at 90-93, up from 46.5 (adjusted 2:1) a perfect 100% gain for the year.

- SBW