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Technology Stocks : Jabil Circuit (JBL)
JBL 219.06+2.5%1:35 PM EST

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To: Finder who wrote (5510)3/15/2000 11:44:00 PM
From: kolo55  Read Replies (1) of 6317
 
Jabil will report excellent 20+% sequential rise...

... in revenues, and should easily make the EPS estimate. Furthermore, the company will likely say that their plants are mostly full, and that they are building out capacity as quickly as they can. Finally, they will likely forecast at least 15% sequential revenue growth for the May Q.

I think the sell-off today was linked to the sell-off in NTAP (one of their customers), the sell-off in the SOX, and profit taking by nervous fund managers who don't want to hold this through the report. None of these are good reasons for the stock to go down for more than a day or so.

JBL should trade 10-15% higher than SLR (pre-split) because they earn as much or more, and should grow earnings faster over the next several years.

All this is my opinion.

Paul
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