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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector -- Ignore unavailable to you. Want to Upgrade?

To: rich evans who wrote (1993)	3/18/1999 4:23:00 PM
From: kolo55	Read Replies (2) \| Respond to of 2542

I think its a mo play... but I could be wrong. Maybe news of a telecom contract has leaked. Seems to me the favorable comments from analysts and publicity in IBD and TheStreet.com is getting out of hand though. Looks like a momentum driven rally to me. We are up almost 50% off the low 2 1/2 weeks ago. If we see a reversal, we could see the stock price drop 15% fast, as the mo guys stop losses are hit. Today I sold the shares I bought several weeks ago, leaving my long term position intact. SLR lead the rally above 50, but has pulled back to the same level as FLEX. This is the first time since last March that the stocks have traded at the same price level. I still think FLEX is probably worth 15-20% more per share than SLR, but taking some money off the table here is consistent with my margin management practices. All this short term trading stuff is JMO and speculation, and no one should take these thoughts too seriously. There is a good chance I'm wrong. Paul