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Technology Stocks : Jabil Circuit (JBL)
JBL 213.73-0.6%Nov 7 3:59 PM EST

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To: Sam who wrote (5732)12/20/2000 5:35:29 PM
From: Michael H  Read Replies (1) of 6317
 
Sam,

if the "analysts" had downgraded before, they couldn't sell their stock first. Now they have to downgrade, otherwise no one would take them serious anymore.

Anyone cares to comment on the CC? I was not too happy that they saw "recovery" only in the second half of the FY 2001. Some things said were contrary to SLR statement (component shortages). That SLR actually beat the numbers makes JBL even more worrying.

Maybe we have to get through the momentary general market FUD, but JBL report was not bright enough to clear things up. At least I don't expect JBL near term to disappoint again after downsizing the outlook.

Michael
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