SI
SI
discoversearch

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.
Technology Stocks : SCI Systems Inc. (SCI) -- Ignore unavailable to you. Want to Upgrade?


To: Terror who wrote (668)11/3/1998 11:26:00 AM
From: llwk7051@aol.com  Read Replies (2) | Respond to of 820
 
I talked to SCI investor relations and got some information on what they told analysts. Said current estimates were ok for fourth quarter. 8 to 9 new contracts to be announced and started in fourth quarter. Over 1/2 of these non pc. Order backlog up over prior quarter. Expected continued pricing problems on pc in fourth quarter. This pricing problem reason for lower profits for third quarter. The recent run up is probably due to the comments and general market correction in my opinion. I expect a temporary pull back maybe to the low to mid 30s unless outside positive such as interest rate cut or they announce more information on the contracts.
Robert D.