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


To: P. Ramamoorthy who wrote (948)11/25/1998 1:50:00 PM
From: kolo55  Read Replies (1) | Respond to of 1422
 
Analysts seem to have 85 target now.

That's good enough for now. I expect 45-50 after the split and secondary, sometime in the first half of calendar 99. The January earnings report is going to be huge. And at 45-50, the stock will still be trading at about my estimate of 25-28 FY2000 earnings, still less than FLEX growth rate.

I sure hope the company continues to manage the growth rate well.

My biggest worry about the stock now, is that I'm not all that happy with our newest fellow shareholders. The mo guys are in the stock now, and they often tend to leave en-mass at the slightest disappointment. This means I can't use as much margin as I have in the last couple of months.

Paul