This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Sanmina-SCI Managment Presents At JP Morgan Global Technology Media And Telecom Conference (Transcript)

Sanmina-SCI Corp. (SANM)

JP Morgan Global Technology Media and Telecom Conference

May 15, 2012, 1:30 p.m. ET

Executives



Bob Eulau – Chief Financial Officer

Analysts



Mark Strauss – JPMorgan

Presentation



Mark Strauss



Good afternoon. Thank you everyone for coming. My name is Mark Strauss. I cover Applied and Emerging Tech here at JP Morgan, and we are happy to have Bob Eulau from Sanmina joining us. The firm doesn’t currently cover the stock, so I’m going to assume that some of you, like me, are learning, kind of just getting to know the story, so Bob, do you want to spend three or four minutes just briefly describing your business, maybe going through your end markets or segments?

Bob Eulau



Sure, and first, Mark, thanks to you and JP Morgan for having us here today, we really appreciate it. Sanmina-SCI has been around since 1980, so we’ve been around for 32 years. We operate in 18 different countries, we have in the neighborhood of 42, 43,000 employees, and we’re I think unique within the EMS industry in the sense that we focus almost exclusively on higher-mix manufacturing opportunities, areas in which we can add more engineering content and provide more value to our customers.

And the other area that causes us to be unique is we also have a component and product business that is in the neighborhood of 30% of our overall revenue, and by products and components I’m referring to areas like printed circuit board manufacturing, backplanes, cables, mechanical systems, which includes enclosures and precision machining, plastic injection molding, memory modules, which is an area that we call components but we’re starting to do products in the solid state drive area, and then we also have a product business in the storage area, where we do ODM products intended for other storage companies, and then finally, we have a product business in the defense area, which we’ve been in for through SCI, we’ve been involved with for about 50 years.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs