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


To: rich evans who wrote (1615)6/20/1998 6:34:00 PM
From: jim heger  Read Replies (2) | Respond to of 2542
 
FWIW Long time PLXS analyst Paul Shain, Robert Baird Co., directly responded to downgrade. Has spoken to company and believes no
"material chamges have occurred that warrant a change" in outlook.
-maintains 1.20/'98 1.55/'99

-management indicates no change with major customers Ascend, Unisys
-maintains .33 Q3 on 107m

-maintains Buy2 with $32 12mo target

In all, it was a solid recapitulation of the positive qulities PLXS brings to the ECM business and a favorable report.

nothing said about GM
jh