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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector -- Ignore unavailable to you. Want to Upgrade?


To: Asymmetric who wrote (982)12/17/1997 10:39:00 AM
From: rich evans  Read Replies (2) | Respond to of 2542
 
Speaking of margins, if you assume the value added component of JBIL and FLEXF are about the same, then the margins should eventually equalize. So if you use your calculator on FLEXF revenues using JBIL's marginsand apply a growth rate PE you come out with a very high stock price for FLEXF. A calculator and greed make for a dangerous combination.
Rich



To: Asymmetric who wrote (982)12/17/1997 11:10:00 AM
From: jeffbas  Respond to of 2542
 
You are probably right on your market view. When it feels in your stomach that the whole world is coming to an end - it probably isn't!