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Technology Stocks : Jabil Circuit (JBL)
JBL 215.07-1.4%Nov 6 3:59 PM EST

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To: WTMHouston who wrote (5975)3/6/2002 10:20:26 AM
From: OldAIMGuy   of 6317
 
Hi Troy, I'll let the others answer your question.

In the mean time, I also have been studying another Florida based company, DIGL. They've just recently signed a deal with JBL as their prime component manufacturer.
biz.yahoo.com

"Agreement with global leader in technology manufacturing focuses resources and provides a lower-cost solution

CLEARWATER, Fla.--(BUSINESS WIRE)--Feb. 26, 2002--

Digital Lightwave®, Inc. (Nasdaq:DIGL - news), a leading provider of optical networking products and technology, today announced that it has entered into a manufacturing agreement with Jabil Circuit, Inc. (NYSE:JBL - news). Jabil Circuit is a leading provider of technology manufacturing services with a customer base of industry-leading companies. Under the terms of the agreement, Jabil Circuit will serve as Digital Lightwave's primary contract manufacturer for the company's circuit board and product assembly and will also provide engineering design services.

``This agreement with Jabil represents an important step in our strategy to reduce operating expenses and focus our resources on sales, product line enhancements and new market opportunities,'' said Dr. Bryan Zwan, chairman, president and chief executive officer of Digital Lightwave. ``Jabil's expertise in advanced optical manufacturing will enhance our ability to remain a leader, providing us with high-quality products and shorter lead times, while mitigating the risks of carrying inventory during economically driven shifts in customer demand.''

As announced on January 15, 2002, the successful migration of the company's current product line to its next-generation platform has enabled Digital Lightwave to begin outsourced production and manufacturing activities. The company expects to complete the transition during the first quarter of 2002."

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Best regards, Tom
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