Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector -- Ignore unavailable to you. Want to Upgrade?

To: kolo55 who wrote (1535)	5/20/1998 6:16:00 PM
From: 18acastra	Respond to of 2542

Good news on Contract Manufacturers from Hadco conference call. Hadco is clearly having issues relative to their PCB business, primarily concerning pricing and demand. However, they actually said business from contract manufacturers remains ROBUST. The CEO of HADCO said problems are "arising from the desktop area." I think the biggest problem they are having right now is the fact that Compaq is their second largest customer and demand from Compaq has probably fallen off the cliff as they try to clear the channel. The good news is that neither Jabil or Flextronics does any business with Compaq, and that Hadco said business from their contract manufacturing customers remains strong. The saddest thing about HADCO is that they really paid up to buy Continental Circuits. I think Compaq was CCIRs largest customer, and HADCO basically inherited that problem. My opinion.

To: kolo55 who wrote (1535)	5/20/1998 8:25:00 PM
From: John Morelli	Read Replies (1) \| Respond to of 2542

W. D. Morean sold 87,500 shares @ $34.88 - $36 on April 30,1998 Audrey M. Peterson (beneficial owner) sold 47,500 @ $35.67 - $38.63 on April 23 - April 30,1998 Thomas A. Sansone sold 95,500 shares @ $35.28 - $38.06 on April 24,1998. Michael A. Ward (VP) sold 2,000 shares @ $37.50 on April 24,1998 Frank Krajcirovic (VP) sold 342 shares @ $30.44 on April 8,1998 Chairman, President and Audrey still own lots of shares but having all these sales so close together does not create a good appearance. PS. Their market timing skills leave something to be desired. My information source is: Dow Jones News Retrieval service.