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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: OldAIMGuy who wrote (5854)9/18/2001 7:03:49 PM
From: Asymmetric   of 6317
 
OT: Buy the most hated companies?

Hey Tom, I picked up some BEAV today at 6.10 today.
Airlines and airline manufacturers are the most hated
companies on the street nowadays so I took a flyer
on this one. Check them out: they closed the day at
4.85, but according to WSJ, they have 4.46 in cash
on the books. Book value is 5.81, just below my buy
of 6.10. PE is 17, though we all know that will change.
Always glad when I can pick up a company basically at
book value...of course even better when you can pick
it up for the value of the cash on it's books!

Good luck to all.

Peter.
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