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

To: John Morelli who wrote (564)	2/24/1998 4:41:00 PM
From: kolo55	Respond to of 1422

Don't know- been a good run catching up to Jabil. Stock price has been driven higher by a block traded every 4 hours or so. And in between the stock trends higher, then spurts up on each block. Whoever is accumulating could stop anytime, and the stock could drop back some. Not too many motivated sellers yet either, and that could change. OTOH, Flextronics will present at the Robby Stephens conference at 9:00am Pacific time on Thursday, and I expect they will reprise their very bullish presentation they made about a month ago at the Montgomery conference, although with maybe some more recent info. We still may find some people that are just discovering this 30-40% growth story trading at less about 19 times forward 12 month consensus earnings and about a forward PSR of 0.60. So I hold on and wait for the "growth to Out". Paul