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Re: Flextronics



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<DIV><FONT face=Arial size=2>Tony</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>I'm not sure what your time frame is but for the 
short term I never hold over an earnings report or a stock split in my 
aggressive account. Many stocks sell off even after a good earnings report. 
Likewise many stocks run up prior to a split and sell off after it. This is 
short term stuff so if your horizon is more than a few days I would be more 
comfortable holding on.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>Good luck,</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>John Manasco</FONT></DIV>
<DIV>&nbsp;</DIV>
<BLOCKQUOTE dir=ltr 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
  Tony Smallwood 
  </DIV>
  <DIV style="FONT: 10pt arial"><B>To:</B> <A title=metastock@xxxxxxxxxxxxx 
  href="mailto:metastock@xxxxxxxxxxxxx";>Metastock List</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Sent:</B> Wednesday, July 26, 2000 9:11 
  PM</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> Flextronics</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=Verdana>Greetings</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT face=Verdana>Could some one please help with&nbsp;an opinion on 
  this only slightly off topic matter.</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT face=Verdana>Last week I bought Flextronics (FLEX) at US$77 and had 
  intended to sell at around $83/84 after the results were&nbsp;announced. 
  </FONT></DIV>
  <DIV><FONT face=Verdana></FONT>&nbsp;</DIV>
  <DIV><FONT face=Verdana>After close yesterday FLEX announced an excellent 
  profit result&nbsp;and a two for one share split.</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT face=Verdana>Question ..... Do US stocks&nbsp;prices (all other 
  things being equal) usually surge ahead after a split so that&nbsp;two new 
  shares exceed the price of&nbsp;one old share?</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT face=Verdana>Cheers from<BR>Tony Smallwood<BR>Brisbane, 
  Australia</FONT></DIV></BLOCKQUOTE></BODY></HTML>

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