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Technology Stocks : Jabil Circuit (JBL)
JBL 213.73-0.6%Nov 7 9:30 AM EST

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To: patroller who wrote (5827)9/6/2001 5:42:39 PM
From: OldAIMGuy  Read Replies (1) of 6317
 
Hi Patroller and Peter, We're now back to the March-April lows on Jabil. To my way of thinking the "bad news" is certainly more completely known now than then. My thought is that if it's that well known, then it's history. Where does that leave us for JBL?

I bought more shares back around $22-$23 which now feels a bit silly, but then again, I'd sold an equal value of shares back a bit earlier in the low $30s. Usually I like to wait between purchases about a month or so when my cash reserves are as low as they are right now. It's tempting me to break that rule with the price in the low $18s.

I know PQ has been stating that we'd be smart to hold off for a value around $14 and now it looks more possible. I think it would bode well to watch the volume on JBL in the near future and watch for accumulation patterns. I know this doesn't sound much like AIM, but I did TA and FA long before I started AIM. I don't have a problem attempting to learn from such tools along the way. Right now it would appear that JBL's suffering guilt by association with CPQ and HWP.

Best regards, Tom
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