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Technology Stocks : Jabil Circuit (JBL)
JBL 221.80-1.2%Jan 8 3:59 PM EST
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To: patroller who wrote (2079)12/16/1997 2:19:00 AM
From: Asymmetric   of 6317
 
Patroller

Thanks for the notes on Solectron. I haven't
had time to go over their conference call, and
only skimmed Paul K's excellent notes. Just
wanted to say I'm looking forward to Jabil's
earnings report tomorrow. Most Nasdaq and stock
indicators are way in oversold territory...and
so for that matter is Jabil. It may sound wierd,
but IMHO, South Korea still holds the key to how
US tech stocks do here. A good report by Jabil
should see the stock make a tenative recovery.
When/if all the bad news is out on S.Korea
(note - it doesn't have to get better, people
just want to make sure all the bad news is OUT,
so they can finally make some kind of assessment
on the depth of the fallout) then Nasdaq and
tech stocks should recover strongly. Just my
two cents. Good luck. Peter.
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