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Technology Stocks : Solectron -- Ignore unavailable to you. Want to Upgrade?

To: Dave Mordis who wrote (267)	12/14/1998 7:24:00 PM
From: kolo55	Read Replies (1) \| Respond to of 493

Big sequential revenue gain of 15.4%. In just two quarters, Solectron has gone from $1.28B to $1.95B in revenues. This was due a lot to the recent acquisitions, but gives an indication of the strong growth the EMS sector is undergoing. I see that they also filed a shelf registration in order to do a secondary of shares. I wonder why? They still have almost $195M in cash, why do they need more money? I suspect that they have some big projects (acquisitions?) coming. This is a pretty strong report. The profit margin has weakened a bit from earlier this year, due to the impact of the acquisitions, but all in all, a very strong performance. This is becoming a very big company, with almost 30,000 employees. Paul