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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jonathan Cleveland who wrote (14217)	9/9/1998 12:18:00 AM
From: Jenna	Read Replies (2) \| Respond to of 120523

Inbox finally down to 0.. one more FLEXF..and that's it tonight. FLEXF was killed this month by 32% as well. .68 peg ratio and earnings estimated to be $0.57 this quarter and next quarter $0.66. FLEXF has an estimated growth rate of 27% a year. Value Indicators have it valued at $56. Trading pretty close to its 52 week low. This should recover. Flextronics International Announces Record First Quarter FY99 Earnings SAN JOSE, Calif., July 15 /PRNewswire/ -- Flextronics International Ltd. (Nasdaq: FLEXF -news), a global full-service provider of innovative design, engineering and manufacturing solutions with 1998 fiscal-year revenues of over US $1.1 billion and over 14,000 worldwide employees, today announced its results for the first quarter of fiscal 1999, ending June 26th, 1998. The company recorded net sales of $376 million, 60% growth compared to $236 million in the first quarter of the prior fiscal year. Net income for the quarter was a record $11.7 million, up 78% from the same period in the prior year and earnings per share were $0.54, representing 46% growth compared to $0.37 per share a year ago.