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

To: kolo55 who wrote (561)	2/23/1998 2:02:00 PM
From: patroller	Respond to of 1422

Paul looking at my screen three ecm's standout right now FLEX SLR JBIL .I think that's the way of the short term future,jbil and slr have earning in 2-3 weeks and flex's value will come to light more clearly in the same time frame ,this should cause a whip it effect(each stock whiping the other's higher, multiple wise)as each is coming into their biggest growth quarter's of the year,I plan on taking advantage of the above.good luck patroller

To: kolo55 who wrote (561)	2/24/1998 10:25:00 AM
From: 18acastra	Read Replies (1) \| Respond to of 1422

China's devaluation of Yuan would be huge positive for Flextronics. Article in yesterday's WSJ. MOody's lowered its outlook from stable to negative on China's credit rating. They believe their is a chance China may be forced to devalue the Yuan as China's exports to Asia have already suffered, falling 1.4% in January compared with a year earlier. Although it is unclear to me what China will do with the Yuan, if it is devalued would be tremendously positive for Flextronics as as large portion of their production capability is based in China (est. 25%-35%). Flextronics benefits in two ways: 1) lower direct operating costs 2) lower cost facility which is a competitive advantage and allows them to win more business. Maybe the article, in combination with the fact that stock is cheap anyway, is why stock popped three points yesterday. My opinion.