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Technology Stocks : SmartFlex Systems (SFLX) - Blitzkrieg or Sitzkrieg? -- Ignore unavailable to you. Want to Upgrade?

To: John Morelli who wrote (712)	10/8/1998 4:38:00 PM
From: rich evans	Respond to of 848

Analysts say about 3 cents. Received fax today that SFLX bought a design and engineering firm in Santa Clara for cash. Revenues per year of firm were 3 mill. No acquistion price given. Purpose was to design,engineer miniturized products for customers using flex. Rich

To: John Morelli who wrote (712)	10/8/1998 9:41:00 PM
From: Joe Dancy	Read Replies (1) \| Respond to of 848

No idea John as to where earnings will be. Last time the bounce I think was in part due to veiled references to a merger of some sort in the near future. With current stock prices, apparently that is on hold. This is an opportunity of a lifetime IMO to acquire some companies very very cheap. Mr. Market is not rational, and if you can take advantage in times like these when everyone recovers their sanity you make a lot of money. " Louis Navellier, a small-capitalization money manager and newsletter publisher based in Reno, Nev., said the fast-growing, small companies he tracks normally trade at 18 to 23 times estimated profits for the following year. Today they trade at about 12 1/2 times forward earnings. "It's not like this is the best buy in a decade," he said. "This is the best buy ever." members.aol.com I tend to agree. Joe