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Technology Stocks : Jabil Circuit (JBL)
JBL 210.71+1.7%Nov 28 9:30 AM EST

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To: moose who wrote (3230)3/17/1998 8:08:00 PM
From: AlienTech   of 6317
 
>>JBIL will have a 3% decrease in earnings and not a 45% decrease like EFII. Anyway you put it, JBIL SUCKS! Wish I had money to buy it tomorrow but I will have already lost all of it by 9:30 am!<<

Yes I know which is why a drop like that is confusing unless the CC had something in it we dont know about.

How will you loose it all? Are you that bad on margin?
And I learnt the hard way to buy puts no matter what, figured loosing 2 bucks is better than loosing 10 bucks and I would make that 2 back in it if the report was good anyway. I didnt see anything NEW in the earnings report that I hadent read before, So I sold covered MAR 35 puts today :) just my luck... Figured since everyone already knew of the slow downs and the stock being so depressed it woudnt tank so much.. But I guess someone with a few mil shares in the closet always comes out of the wood work yelling its the end.
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