Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 225.48

+2.5%

Dec 8 3:59 PM EST

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To: Pierre who wrote (2428)	1/13/1998 12:23:00 PM
From: Rob L.	of 6317

Pierre, Thanks. Did they cite a reason for the cut? Did they issue new numbers for earnings? If all they did was downgrade with no significant explanation, then be weary of their recommendation. They may be looking to force the price down to accumulate before a big run-up. I think Ben might back me up on that statement. Technically stock looks good. Last CC (mid- Dec), Sansone stated everything was on track and since that time I don't think anything significant has happened to change JBIL's fundamentals. There is a lot of time before the next earnings report and JBIL is not big on announcing news. Consequently, it leaves the field wide open for manipulation. The PE on this year's earnings is 17, well below the 30% growth rate. Buy on dips!

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