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

To: kolo55 who wrote (403)	11/12/1997 4:49:00 PM
From: Clouseau	Respond to of 1422

Paul - I wonder if there is thought to be emerging a situation such as SFLX met - reduced demand (Asian/world slowdown) just as lots of newly invested-in capacity comes on line - hence big hit to future eps. Dave

To: kolo55 who wrote (403)	11/12/1997 5:05:00 PM
From: rich evans	Respond to of 1422

Just returned from trip also. Looks like the growth and PEs in ECM sector being reevaluated. Bought April 35 calls and trying to sell april 35 puts for $5 so I am quite bullish. BTW HDCO reports on nov 17 after close with conf. call at 4:45 eastern. Don't know the numbers or the replay info. Rich

To: kolo55 who wrote (403)	11/12/1997 5:31:00 PM
From: 18acastra	Read Replies (1) \| Respond to of 1422

JBIL whacked due to 3-Com analyst downgrades. 3-Com is 20% of JBIL sales. People also concered about excess 3-Com modem inventory in channel, which would be a whammy for their CEM. However, a complete non-issue for FLEXF as no exposure to 3-Com except for the Pilot, which is doing very well. Believe ECM sector completely overcorrected. When these guys report next Q and everything is fine, sector will rebound sharply. In meantime, who knows what the jokers do who are pushing these stocks all over the place. However, long-term huge upside potential from current prices, negligible downside due to overreaction, all bad news baked in/overdone. My opinion.

To: kolo55 who wrote (403)	11/12/1997 11:22:00 PM
From: John Morelli	Respond to of 1422

I noticed that SCI & SLR are down significantly as well (not to mention ACTM & NTAIF although the latter two have their own reasons). However, given FLEXF relatively strong showing in Q3 (beating analyst expectations by a significant margin) and current year acquisitions, I think sellers are underestimating FLEXF value.