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

To: Douglas V. Fant who wrote (733)	12/4/1998 10:39:00 AM
From: Ian@SI	Read Replies (1) \| Respond to of 848

Doug and Thread, (edited at 10:44) I didn't see this story yesterday. It looks like SFLX is expanding capacity. ... and with a little luck, at a very good price. Does anyone know where in the world METHUEN is? EDIT: Answering my own Question: IT's probably in Massachusetts. DEC used to be a major manufacturer there. Who are the other companies that SFLX might have a new or expanded contract with? Presumably, this acquisition is a result of SFLX getting some new business that requires the new capability. Anyone have any insight??? Ian. Thursday December 3, 11:24 pm Eastern Time Smartflex to buy Tanon assets TUSTIN, Calif., Dec 3 (Reuters) - Smartflex Systems Inc said on Thursday it will buy certain assets of Tanon Manufacturing Inc, a subsidiary of EA Industries (OTC BB:EAIN - news), out of bankruptcy. Smartflex said Tanon filed a petition for Chapter 11 bankruptcy protection on Thursday. Tanon will immediately seek approval of the acquisition by the bankruptcy court, Smartflex said. No terms were provided. Tanon provides contract manufacturing electronic services to the telecommunications, industrial controls, performance printing and medical marketplaces. Smartflex on Wednesday said it would acquire the assets of EA Industries' Methuen facility.