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Electronics Production | May 16, 2008

Flextronics director sells 45,000 shares

The Flextronics director Richard L. Sharp has sold 45,000 shares of common stock.
According to a Securities and Exchange Commission, the Flextronics director45,000 shares of common stock. In a Form 4 filed with the SEC, Richard L. Sharp reported that he sold the shares Monday for $10.93 apiece.

Insiders have to file Form 4s with the SEC to report transactions in their companies' shares, as a measure to counteract insider trading. Open market purchases and sales must be reported within two business days of the transaction.

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