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Plexus Corp. (PLXS) Message Board

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  • georges10 georges10 Dec 3, 1998 4:16 PM Flag

    My prognostications

    Boy I sure hope you are right but like you said
    there was no reason that it dropped the last time. My
    first inclination when I see predictions of 30 and 40
    per cent increases to immediately sell the stock
    because it usually means that newcomers are jumping into
    the fray. I really hope your on the money because
    right now I am staying with PLXS. But then I you read
    back a few messages I also said that PLXS would not
    hit 30 this year, so I'm certainly no expert. Good
    Luck and Happy Stock Hunting

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    • twocentstotwomilliondollars twocentstotwomilliondollars Dec 3, 1998 4:52 PM Flag

      I've owned Plexus since '94 and have seen
      unwarranted growth along with unfair decline in stock price.
      At the 10,000 foot level viewpoint, $30-$35 isn't
      all that much a stretch when reviewing the
      fundamentals and history.

      At times, I felt that
      analysts were unfairly paralleling Plexus with Jabil. Now,
      after a recording its own history of new customer
      acquisition and rebounding stock price, I believe analysts
      are finally looking at Plexus in its own (deserving)
      light for a change.

      That's why I see this
      moving well over $50 as FY'99 progresses.

      Keep
      the faith!

      TCTTMD

      • 1 Reply to twocentstotwomilliondollars
      • I also have owned Plxs for quite a number of
        years and couldn't understand why so many owners
        panicked last year. I found it to be a very good
        investment and I will continue to own it I also suspect that
        it will increase in price, though plexus does tend
        to split when the price goes too high as they have
        at least twice in the last ten years. Again good
        luck and I hope you make a ton on money on this stock.

 
PLXS
38.875-0.475(-1.21%)11:16 AMEST

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