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: rich evans who wrote (5293)	9/13/1999 4:35:00 PM
From: kolo55	Read Replies (2) of 6317

Two possible reasons for FLEX strength: -Lehman Bros report singled out the size of FLEX's Hungarian operations as a significant competitive advantage in Europe about a week ago, and stock strong since then. -GET deal allows analysts to cross-check value of Flextronics Chinese operations... and they like what they see. If this is a big reason for the buying, then I think its slightly off-target. The GET deal probably carried a premium based on some forseeable contracts or expansion plans by Jabil. The GET deal could be similar to when FLEX bought Neutronics; many analysts at that time felt FLEX overpaid for Neutronics. But look how well that deal worked out. In summary, I like the fact that the GET purchase closed. Now it will be interesting to hear if management lays out some of their plans for GET in the Wednesday cc. Paul

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