Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 228.15

+1.2%

3:59 PM EST

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To: Early Bird who wrote (4700)	11/14/1998 1:35:00 PM
From: kolo55	Read Replies (3) of 6317

I wouldn't short this stock. In about 3 1/2 weeks they are likely to release a very good earnings report, and I expect to hear more about at least one major new contract, either finally revealing Dell as a new customer, or confirmation of the recurrent Lucent rumors. The other ECM sector leaders are still making new highs, and the laggards in the sector are starting to make nice moves. You're betting against the sector trend, and I don't think that's wise. Also their customers are announcing nice gains in unit sales volumes, and many of Jabil's customers have stocks that are moving upward. I thought you technical guys believed "the trend is your friend". Seems to me, you're bucking several trends. I actually bought a few shares in this dip. Paul

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