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

To: kolo55 who wrote (693)	6/8/1998 4:51:00 PM
From: John Morelli	Read Replies (1) \| Respond to of 1422

Agree that EPS should be viewed prior goodwill amortization in order to ensure comparability of earnings data. However the reality seems to be that the analyst community does not typically or at least always do this. A good case in point is Bank of America which has multi billions of goodwill on their books resulting from their acquisition of Security Pacific in '92 (amortized over 25 yrs). The valuation of BofA does not reflect any of this intangible expense.

To: kolo55 who wrote (693)	6/10/1998 6:56:00 PM
From: 18acastra	Respond to of 1422

Big Deal for Flextronics in Europe continued validation of outsourcing trend Flextronics International Selected by Hewlett-Packard to Manufacture DeskJet Printers in Hungary PR Newswire - June 10, 1998 16:30 FLEXF %CPR %PDT V%PRN P%PRN -------------------------------------------------------------------------------- SAN JOSE, Calif., June 10 /PRNewswire/ -- Flextronics International Ltd. (Nasdaq: FLEXF), a global full-service supplier of innovative design, engineering and electronics manufacturing solutions, today announced the company has been selected by Hewlett-Packard Company to be a primary manufacturer in Europe for inkjet printers, beginning with the HP DeskJet 720C printer. Flextronics will be responsible for building both printed circuit board assemblies (PCBA) and complete box assembly. Production will be at the company's Sarvar campus in Hungary. The first printers are expected to be completed in September of 1998 and then will be shipped throughout Europe by HP. Both companies anticipate that printers produced for HP by Flextronics will incorporate components produced by suppliers operating from the Sarvar campus, including EcoPlast, the wholly-owned plastic injection molding subsidiary of Flextronics. "This is the first large commercial activity that validates our worldwide campus strategy," said Michael Marks, chairman and CEO of Flextronics. "In addition, the award in Hungary demonstrates both the viability of Hungary for large-scale electronics product assembly, as well as the successful combination of Flextronics and Neutronics which merged in a pooling of interests in November 1997." "We are looking forward to this strategic opportunity with Flextronics," said Michael Fawkes, manager of HP's European Hardcopy Manufacturing Operation. "The combination of PCBA and electro-mechanical fabrication and assembly capabilities offered by Flextronics will be of significant value to HP." The dollar amount of the agreement was not disclosed. Flextronics International Ltd., is a global EMS (Electronic Manufacturing Services) provider of a full spectrum of value-added services. Its OEM customers include leaders in fast-growth communications, computers, medical and consumer markets where innovation, time-to-market, product miniaturization and cost reduction are paramount. This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. These forward-looking statements include statements related to future benefits of acquisitions, customer demands and anticipated charges. These forward-looking statements involve a number of risks and uncertainties that could cause the actual results to differ materially from those anticipated by these forward-looking statements. These risks, and other risks, are described in Flextronics' periodic reports filed with the SEC including its most recent Annual Report on Form 10-K and Quarterly Report on form 10-Q. Flextronics assumes no obligation to update the information contained in these documents. SOURCE Flextronics International Ltd.

To: kolo55 who wrote (693)	6/29/1998 9:34:00 PM
From: Asymmetric	Read Replies (2) \| Respond to of 1422

Very nice move last several days in Flextronics. Flurry of late end of day block buying (several 10k blocks) pushed stock to high of day. Stock appears poised for further gains from here. Hadco also looks like it may have put in a bottom here and looks ready for dead cat bounce. My infamous gut instinct says buying either one should provide one with a gain. I actually favor Hadco here on a technical basis. Value players stayed on the sidelines and let someone else try to find the bottom there. Barron's article on DIIG and Altron applies equally to Hadco IMHO. After long steady decline whoever was short Hadco probably ready to take profits at this price point. Add to that value investors waiting to jump in and 20%-30% short term retracement possible. Just my thoughts. Good luck to all. Peter.