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


To: jeffbas who wrote (715)7/16/1998 10:04:00 AM
From: 18acastra  Read Replies (1) | Respond to of 1422
 
SG&A way overstated prior quarter due to end of year bonus expenses. This Q returned to normalized levels. Also sales much higher, so lower % of sales magnified. Company expects SG&A% sales to continue to decline. Does a dark cloud follow you around?

My opinion.



To: jeffbas who wrote (715)7/16/1998 10:22:00 AM
From: John Morelli  Respond to of 1422
 
FLEXF reports a strong quarter, beats analyst estimates and of course stock sells off? What's wrong with this picture?