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To: Johnny Canuck who wrote (34595)	10/3/2001 4:24:08 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68614

Tuesday October 2, 8:14 pm Eastern Time Flextronics affirms guidance, takes charge (UPDATE: Adds details throughout) NEW YORK, Oct 2 (Reuters) - Contract manufacturer Flextronics International Ltd. (NasdaqNM:FLEX - news) said on Tuesday it was maintaining financial guidance for the September quarter despite taking a $380-million restructuring charge amid a continued slump in the market for electronics and components. ADVERTISEMENT Singapore-based Flextronics, which held a meeting in New York for analysts on Tuesday, said the announced $380 million charge included $90 million in cash charges related to job cuts. Flextronics did not specify how many jobs were cut in the fiscal second quarter, which ended Sept. 30. . . . Marks said it was ``almost unimaginable'' how bad business was in the market for printed circuit boards (PCBs), which are board configured with chips and wiring for computers and other electronic systems. biz.yahoo.com