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


To: TigerPaw who wrote (727)4/27/1999 4:05:00 PM
From: solderman.com  Read Replies (1) | Respond to of 820
 
I'd have to think that it's related to the online conference call, and the new openness exhibited by SCI management. The market is taking this as a sign of confidence in SCI's business, versus the old strategy of hiding behind closed doors and letting the stock price get hammered in the absence of any real communication from the company. The company is still cheap, if next year's estimates are anywhere near accurate. Remember that this was a $60 stock not long ago, and even then it traded at a lower multiple than its peers. You're seeing bargain hunters looking for value, against the backdrop of a more assertive management.

solderman.com