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


To: rich evans who wrote (630)4/3/1998 10:52:00 PM
From: jeffbas  Read Replies (1) | Respond to of 1422
 
The stock is certainly acting well which makes me wonder. When an entire category is doing poorly it is rare that one company will be immune for long. The reason is that the rest keep going down and eventually people start switching from say FLEXF to SCI, because the relative value has changed too much. If the category remains weak, all the switching does is to drag down the one switched out of, not raise the one switched into.