SI
SI
discoversearch

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.
Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (21380)7/29/2002 9:04:44 PM
From: Dave Gore  Read Replies (1) | Respond to of 26752
 
Lee, whatcha been smokin'?

You said:
Though I am not familiar with all the stocks you mentioned, I know FLEX well having traded it (mostly short) for the last few years. I am curious why you think it is worth more than the current price when they have never made a profit even in the most rambuctious boom times of tech.

***

FLEX PROFITS:

Quarter Ending 03/2002 12/2001 09/2001 06/2001
Actual EPS 0.12 0.17 0.15 0.18

Also earned 6 cents last quarter and forecast a very strong 2003.

***

Jun 3 2002
5:44 PM In Play Flextronics (FLEX) 12.32 -0.91: -- Update -- During mid-quarter update, says as it drives costs down, it should get to $0.20 per quarter range in EPS with no increase in revenues; expects to get back to $1.00 per share in EPS on annual basis-- which is its EPS goal next year-- with relatively modest increase in revenues...