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

To: solderman.com who wrote (1305)	10/10/2000 12:29:23 PM
From: Frank Drumond	Respond to of 1422

Certainly taking a beating for the earnings problems of the hardware manufacturers. In the past this sector has grown when there is earnings pressures on the hardware manufacturers as it accelerates outsourcing as they try and control costs.

To: solderman.com who wrote (1305)	10/10/2000 12:46:39 PM
From: Michael H	Read Replies (1) \| Respond to of 1422

All of the ECMs are pretty much beaten today. JBL, SANM, SCI all down 10%. JBL was down 8.5% yesterday already. So at least the problem doesn't seem to be specific to FLEX. In the last month, FLEX held actually up pretty well against the peers. siliconinvestor.com Maybe SCI is leading the group, maybe weak PC sales are pushing the price down. Maybe there are some concerns about the strong Dollar against the Euro weakening FLEX European sales when converted to Dollars. I don't think any of these reasons is valid. I remember in 98 when FLEX was beaten to half in September but fully recovered in a month or so. We have to wait for the numbers at the 24th. Michael