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

To: Paul Senior who wrote (53)	2/8/2000 5:00:00 PM
From: Steven Dopp	Respond to of 75

I took back my message and tried to delete it. It was kind of an emotional response as to why I though I should sell BHE. Since I can't delete a message, I am inserting this text as a substitute message.

To: Paul Senior who wrote (53)	2/8/2000 5:01:00 PM
From: rich evans	Read Replies (1) \| Respond to of 75

Paul, this was not a true charge but part of purchase price of AVEX which was transferred to a charge because it was listed in Purchase Agreement as a prepayment penalty of debt repayment. It actually reduced BHEs taxes I would say. BHE is improving but slowly. Revs short by 40 mill due to lost major AVEX customer and inventory in a hub status and can't book till pulled by customer. Forecasting 1.7bill revs versus old forecast of 1.8 bill. Earnings down to 1.05 to 1.20 forecast with cash earnings forecast of 1.45 to 1.60 if you add back one million a month amortization.They say this is conservative . At $30, stock is at 20Pe of cash earnings with a book value of $17. Still a cheaper ECM but then not tier one and several plants like Scotland still are running at a loss. Would be interested in your decision as I am pondering also. Rich