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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Sam Citron who wrote (61259)	3/2/2002 9:31:39 PM
From: John Trader	Read Replies (1) \| Respond to of 70976

OT FLEX: Sam, One reason is I have owned FLEX before, so I am more familiar with it. I also own SANM. I think FLEX is the largest, so from a gorilla perspective that may help. Another reason is FLEX is down more than JBL or CLS since December (hoping for a rebound/bounce). I also recall hearing some management comments I liked recently - basically that they would keep their eye on the ball to stay profitable. I got interested in SANM after noticing that Fidelity Select Electronics had it in its top 10 stocks. Also took notice that briefing has SANM in in their value core, but they have not been good stock pickers lately. SANM has dived since I bought it, but I have averaged down a bit. I think FLEX has less telecom exposure than SANM, so that was a factor also in buying back into FLEX. Lastly, I read an article a while back where the author argued FLEX was really well positioned long term. I keep some arguments in the back of my mind and often act later when the price is lower. All of these contract manufacturers have been very volatile, so I am trying to play that a bit. AMAT seems pricey in relation to FLEX, but is no doubt a more solid company. If FLEX outperforms AMAT short term I may sell those shares and put it back in AMAT. Ditto for CREE. John