Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 201.80

0.0%

Nov 14 9:30 AM EST

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To: patroller who wrote (5164)	6/15/1999 6:47:00 PM
From: Jeff Haas	of 6317

Patroller, I agree The Company said that growth rates for the fourth fiscal quarter MAY be less than previously anticipated due to last minute design delays on new products from two customers. The impact of these potential deferments COULD reduce expected fiscal fourth quarter revenue and earnings per share by as much as ten percent from prior expectations. It is anticipated that any growth delays on these new products would be recovered in the fall. According to guidance from the Company, growth rates for fiscal 2000 are positioned to exceed long-term growth objectives of 30 percent per year, based on currently booked business levels. "We are pleased to announce four new customer relationships added during the quarter and a new greenfield plant in Massachusetts to meet our Northeast production demands. With these announcements and the continued overall level of new business opportunity, we believe the outlook for the Company in fiscal 2000 is very favorable," Sansone said.

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