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: Joe Dancy who wrote (1756)	9/18/1998 12:35:00 PM
From: Douglas V. Fant	Respond to of 2542

Joe, Thanks! I am long in SCI, and am watching FLEXF and JBL in the assemblers... Sincerely, Doug F.

To: Joe Dancy who wrote (1756)	9/18/1998 2:21:00 PM
From: kolo55	Respond to of 2542

Flextronics went through rebuttal at their annual meeting today. It was actually an excellent presentation by Micheal Marks. He went through at least ten reasons (rumors) why the stock might be down, and rebutted each reason. I'll put a comprehensive post on the Flextronics thread summarizing the main points later today. Overall, Marks seemed very pleased with the direction of the company and new business opportunities. I mentioned the fact that had been quite a number of $100M+ deals outsourced by major OEMs recently, and asked him about whether Flextronics was getting their share of the new business. He answered with a strong affirmative. Marks thinks that the major assemblers will do very well over the next 5-10 years. He believes that the outsourcing wave will take ten years to play out. He took issue with my estimate of five years. I came away with good feelings. He can't understand the drop in Flextronic's stock price either. Paul