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Technology Stocks : Plexus Corporation (PLXS on NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: LGM who wrote (74)	3/12/1998 7:30:00 PM
From: rich evans	Read Replies (1) \| Respond to of 128

Plexus indicated at the Q1 conference call that they see a flat Q2 with 24-25cents /share earnings. Therafter things will improve and looking for at least 15% in revs and earnings. Want to return to historic 25-30% growth. Things were unclear. But they said they will give guidance to analysts as soon as they could get a fix on the situation. I imagine they have done so and it is looking better. But company itself is involved in stock buyback of 2 million shares.Working on balance sheet trying to increase inventory turns and hold AR to under 40 daysOperating margin was 6.3%. Rich