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Technology Stocks : Jabil Circuit (JBL)
JBL 201.800.0%Nov 14 9:30 AM EST

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To: oilbabe who wrote (5189)6/16/1999 3:57:00 PM
From: OldAIMGuy   of 6317
 
Hi Oilbabe, That name begs the question of mineral, animal or vegetable, but I digress.....

Yes, it would have been fun to have my gtc order fill in the low $40s, but alas I just trade during regular hours.

Yes, the $47 is a bit less than the price I paid a week or so ago to add to my position (I added 40% to my holding at $49-7/8 with $$$ from the sale of another stock), but isn't a big set-back to my net worth at this point.

Agree that shedding weak hands is good for the overall performance of the stock. They would have been gone at various resistance points anyway. Seems there were plenty of $$$ around in the $45-$47 range to buy up extra "inventory." I don't mind beefing up the stock's position in the mid $40s. Remember the pretty strong bottom that held well at $30 in the last 18 months. Well, except for last Sept. Here we are forming up a bottom at about double the Sept. lows.

Best regards, Tom
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