Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Jeffery E. Forrest who wrote (440)	12/11/1997 4:46:00 PM
From: 18acastra	Read Replies (2) \| Respond to of 1422

3-Com not even close to being one of FLEXFs largest customers: Ericcson 25%+ Phillips ~10% Advanced Fibre Communications ~10% All the rest are less than 10% customers. 3-Com via the PalmPilot (which is the only product FLEXF is making for them) may in fact be in the 5% range, but no more than that. Agree that making the Palm Pilot is great business for them, as the product is growing nicely. However, if you want to look for great growth from more significant customers, look at Advanced Fibre Communications (AFCI). Those guys are anywhere from ~3x to ~4x more significant than 3-Com, and growing like crazy. I'm not sure if you were intentionally being rude with your message, but came across that way. My opinion.

To: Jeffery E. Forrest who wrote (440)	12/11/1997 4:47:00 PM
From: kolo55	Read Replies (2) \| Respond to of 1422

No- not even close. Looking forward, Ericsson is about 25-30%, Advanced Fibre is about 10%, and the Phillips business (bought with Neutronics) is at least 8%. 3Com's USR subsidiary's Palm Computing is probably less than 7%. Its hard to know for sure, because the company isn't required to report market share for customers who are less than 10% of revenues. The only customers reported last year were Ericsson and Advanced Fiber, and Neutronics reported about 55% of their sales of $170M were to Phillips. I used Neutronics estimate of $300M for calendar 98, and assumed that about 50% of that came from Phillips to get the 8% number. (Since I posted, I see that 18acastra says Phillips is about 20%. I would bow to his knowledge here; perhaps most of Neutronics new business next year will be from Phillips, and also Flextronics had some Phillips business before the Neutronics purchase.) Please be polite, and read the 10K and last earnings statement and the CEO Marks letter to shareholders. You obviously need to do some background work. BTW- I think the sell-off today was linked to the blow-out in Jabil shares linked to Quantum's earnings warning. Paul