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

To: Robert G. Harrell who wrote (1311)	11/10/2000 11:39:29 AM
From: rich evans	Respond to of 1422

Bob, I'm been nibbling on FLEX. The question is the market and timing because of the false perceptions IMO. For example SCI, FLEX and others are down based on DELLS and CISCOS statements butDell is forecasting good growth and their notebooks are doing very well(sci) and more outsourcing it seems will overcome any weakness in market. But nevertheless the ECM companies take it in the shorts. Flex and others are well below their average PEs of 35 -40 and sales of 11.5bill divided by 465 mill shares gives PSR of 1.1 which for them is good also IMO. But short time its hard to know when to strike with all this blabber. I don't think margin is the place to be. I have puts out at 22.5 and 25 so I may be getting more by doing nothing. Rich