UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 17, 2000
BENCHMARK ELECTRONICS, INC.
(Exact name of registrant as specified in its charter)
TEXAS 1-10560 74-2211011
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
3000 TECHNOLOGY DRIVE, ANGLETON, TEXAS 77515
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (979) 849-6550
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ITEM 9. REGULATION FD DISCLOSURE.
In accordance with General Instruction B.2. of Form 8-K, the
following information shall not be deemed "filed" for purposes of Section 18 of
the Securities Exchange Act of 1934, as amended, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of 1933, as
amended.
Benchmark Electronics, Inc. (the "Company") recently reported, in
its Form 10-Q/A for the quarter ended September 30, 2000, that the amount of the
obsolescence reserve relating to its raw materials inventory at quarter end had
decreased to approximately $18 million from approximately $20 million at
December 31, 1999. Questions have arisen from analysts and others concerning
this decrease, and the Company is furnishing the following information in
response to those questions.
The decrease in the amount of the obsolescence reserve from December
31, 1999 to September 30, 2000 was primarily attributable to the disposition of
the inventory held by the Company in Sweden. This inventory was disposed of as
part of the disposition of the Company's Swedish facility. This inventory was
disposed of at approximately book value, with no gain or loss being recognized
on such disposition.
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S I G N A T U R E
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
BENCHMARK ELECTRONICS, INC.
Dated: November 17, 2000 By: /S/ DONALD E. NIGBOR
Donald E. Nigbor
President
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