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Technology Stocks : ADFLEX SOLUTIONS ( AFLX ) -- Ignore unavailable to you. Want to Upgrade?


To: k.p. chen who wrote (222)1/9/1998 10:06:00 AM
From: Duncan  Respond to of 718
 
<<I wonder why did you leave out all of their disk drive customers in the list, which still accounts for 50% of their business.>>

I certainly wasn't my intention to leave out the DD customers. I only had time to post the information at my fingertips...and was unable to find out how much of their revenues related to DD customers. Thanks for your contribution. It rounds out the picture.

As for the weakness in AFLX over the past few days, I suspect Painne Weber has been slowly selling their inventory since Monday...but dumped their final shares in the last half hour of trading yesterday. It will probably remain weak until earnings because PW clients will probably trim their positions in this volatile market.

Everything rides on ALFX year end earnings...and more importantly, the comments made to analysts after EPS release. Right now the Company is in a quite period before their announcement, so it's going to be difficult to judge management's expectations for 1998 until the conference call.

Good luck to all,

Duncan