Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 226.15

+2.0%

Jan 9 9:30 AM EST

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To: patroller who wrote (5888)	11/16/2001 2:15:54 PM
From: OldAIMGuy	Read Replies (1) of 6317

Hi Patroller, Well as I was saying, our end of the capital equipment business was such that by the time our big billing cycle was complete the economy had usually tanked. As our business slowed and looked gloomiest the leading edge of the economy was usually starting to be recognized as in recovery. So, now that the equipment business that supplies iron and aluminum casters of various types are slowing, it should mean that the worst of the recession is already past and recognizable signs of recovery won't be too far away. Capital equipment for the metal foundries is just about the last car on the roller coaster. Lead times in that industry are usually at least 12 months so we tended to lag the usual economic indicators by about that much or more. Best regards, Tom

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