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

To: 18acastra who wrote (399)	11/3/1997 3:24:00 PM
From: kolo55	Read Replies (2) \| Respond to of 1422

I'm using $50M for Neutronics. The release says that Dec Q is their best quarter, and Neutronics is supposed to do $170M this calendar year. That means $45M per Q average, and 4th Q should be above average, so my guess is $50M. Could be higher. I expected about a 50M pop in revenues for Flextronics Dec Q prior the Neutronics acquisition. This is based on $15M in increased revenues at San Jose, $15M from Mexico(Lucent), and $10M from China expansion, and about a $10M seasonal increase at Ericsson (August is a very slow month in Europe). Last quarter was $210M, so I guestimated $260M. Add the two together, and you get $310M. Also I expect the margin prior to taxes, interest, and goodwill amortization will improve over last quarter's margin, continuing a trend. The G&A costs will be spread over a lot more revenues. But there will be the $4M write-off to get past. I bought FLEXF Apr40 calls this morning. Paul