Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Benchmark Electronics (BHE) -- Ignore unavailable to you. Want to Upgrade?

To: rich evans who wrote (51)	12/31/1999 8:52:00 PM
From: solderman.com	Respond to of 75

Rich, I'm convinced that tax loss selling, and short term profit taking by those who got in after the crash, clipped BHE up until a couple of sessions ago, after which it began to recover a bit. We certainly ended the week on a high note. Recall that anyone who bought BHE after 11/98 and before 10/99 is down, and with that tax-related selling pressure presumably over, 2000 should see a change in fortune for BHE's stock price. The big unknowns are the effects of the lawsuits and the continued integration of AVEX, but BHE remains a cheap play in a sector that is still only now becoming recognized by main street. The lawsuits could take years to sort out. I predict that we will be able to sell BHE for $35 sometime between January and June of 2000. A price of $50 could be attainable in the second half of the year if Nigbor can execute and convince the street that the integration issues have been resolved one way or another (including taking charges and shutting AVEX plants down permanently). Wishing a happy and healthy New Year to you and your family, solderman.com PS- Don't exclude a buyout by JBL or SANM, or even PLXS. Just a hunch.