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


To: Oleg Sogolov who wrote (330)4/22/1998 8:36:00 PM
From: rich evans  Read Replies (1) | Respond to of 718
 
AFLX reported for Q1. Results were 30 cents pershare and revs were down sequenially from Q4 from 54.4 mill to 50 mill. Gross margins stayed high at 21% but operating expenses were flat when they should have gone done because of Q4 special expenses. so expenses at 12% versus more normal 10.5%. Hmm. Forecast for Q1 was 50-55 mill and they did low end which was guidance. See more acceleration in Q2 IMO so this stock looks like a keeper for the patient.

Rich