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.

Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector -- Ignore unavailable to you. Want to Upgrade?

To: rich evans who wrote (2244)	2/28/2000 3:22:00 PM
From: joemjo	Respond to of 2542

Brave enough to hold. Got in at 66. Has anybody looked at C-MAC traded in Toronto? I understand they are a CEM which specializes in fiber optic equipment. Cusip 125920108.

To: rich evans who wrote (2244)	2/28/2000 4:29:00 PM
From: Paul Senior	Respond to of 2542

Yes, I bought a little on Fri. and a little today also. Although with this stock, I'd characterize myself more as a lost soul than a brave soul -g-. I liked the Barron's article of last week. I agree with its conclusions that SLR is relatively undervalued. I've found that investing in stocks that are relatively undervalued compared to other stocks is a dangerous, very dangerous way to invest. Often there is an underlying reason for the undervaluation or the whole comparison procession is invalidated when industry/market perceptions change and the pe ratios drop for the key company or companies. With SLR, I assume, based on its very good past record and excellent management (from what I am able to sense) that the only negative lurking is the shortage of critical components - I am worried esp. about tantalum caps, a component in SLR's cell phones. If it is a problem, I am hoping it's only a 1Q-2Q issue. Given the ability of this ecm sector to grow and also maintain high pe ratios (high pe's by my standards anyway), I'll bet that SLR, a key player, will see its stock recover.

To: rich evans who wrote (2244)	3/1/2000 6:36:00 PM
From: kolo55	Read Replies (5) \| Respond to of 2542

I flipped SLR for JBL today. I had picked up a lot of SLR, especially in the low 60s. Today I flipped most of it for JBL at even pricing. SLR has said they will hit $20B in revenues next year, so in about a year they will doing $5B a quarter. Based on 1.8 times run rate revenues at that time, the stock will have a market cap of $37B, about twice the current market cap. This is why I bought SLR, but I flipped to JBL because the March earnings report is going to look much better than SLR. They will earn more per share, and forecast higher EPS growth going forward I believe. If things work out, JBL will jump to a 10-15% premium over SLR, and I will flip back. Either way I am on a great horse longer term. I have been playing this game over the last year, and if I have time, I will update some forecasts from a year ago. Paul