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To: Johnny Canuck who wrote (36989)5/14/2002 1:03:08 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 70088
 
15:25 ET PLXS Plexus Corp reiterates Q3 guidance (24.88 +2.01) Co reiterates Q3 guidance of cash EPS of $0.06-$0.09 and $235-$245 mln in sales (consensus is for $0.07 and $237.0 mln, respectively).


08:48 ET CLS Celestica upgraded at Soundview (27.65)
Hearing from sources that Soundview is upgrading to BUY from Hold; firm says the co is likely to benefit from any return in IT spending, has been able to hold operating margins steady despite a deteriorating mkt, and has a strong balance sheet. Although consensus numbers may need to come down, firm believes that is already discounted in share price, which is trading at trough levels.

[Harry: Improving outlook in contract manufacturers?]