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StockIceMan's Weekly Stock Pick
Week of May 29, 2006


Stock: Sanmina-Sci Corporation
Ticker Symbol: SANM - Nasdaq - Semiconductors/Printed Circuit Boards
Buy: 4.50-4.75
Sell: 8.00
Info: Sanmina-SCI Corporation provides customized, integrated electronics manufacturing services worldwide. Its portfolio of services comprises product design and engineering, including initial development, design, preproduction services, and manufacturing design; volume manufacturing of systems, components, and subassemblies; final system assembly and test; direct order fulfillment and logistics services; and after-market product service and support. The company manufactures printed circuit boards, printed circuit board assemblies, backplanes and backplane assemblies, enclosures, cable assemblies, precision machine components, optical modules, and memory modules. Sanmina-SCI offers its services primarily to original equipment manufacturers in the communications, computing and storage, multimedia, industrial and semiconductor capital equipment, defense and aerospace, medical, and automotive industries. The company was co-founded by Jure Sola in 1980. Sanmina-SCI is based in San Jose, California.
Financial Info: For the six months ended 4/01/06, revenues decreased 10% to $5.53 billion. Net loss before acct. change decreased 92% to $83.5 milllion
Key Ratios: Current Ratio: 1.43, Total Debt/Equity: 0.651, Trailing P/E: N/A, Forward P/E: 11.30x,  Price/Book: 1.10, Price/Sales: 0.23
Share Info: There are 532.83 million shares outstanding with 484.88 million shares in the trading float. Institutions own approximately 74.90% of the shares outstanding. There have been no insider purchases or sales in the last six months. Real-Time SEC Filings

As of 5/10/2006, there were 10.35 million shares short.

Net Institutional Selling:   13.93 million shares prior to latest quarter.
Articles: Trovix selected by Fortune 200 Sanmina-SCI to Optimize Hiring Process

 
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