Jabil Circuit (JBL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Jabil Circuit (JBL)

JBL 217.08

-0.5%

2:38 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Asymmetric who wrote (6013)	4/24/2002 8:28:30 AM
From: OldAIMGuy	Read Replies (1) of 6317

Hi PQ, I'd made a stab at a NASDAQ low a few weeks ago. I'd guessed 1720. We're darned near it after yesterday. Other than 9/11 it's held in the past pretty well. It seems to be a "babies and bath water" thing with good stocks being abused right along with bad. In my opinion there's still a difference between a company that earns $$$$ and one that doesn't. In the mean time, with the spooky environment and a benign FED, my LT Bond fund I use for income (ACG) has travelled back above $8/share. With a yield of over 12%, I wonder why I'm still in regular equities! Actually, it will drop to about $6/share next time Mr. Greenspan starts to run the interest rates back up. So, there's no free lunch even in bonds. I've owned this one through several cycles now and usually accumulate in the $6+ range and liberate a few shares in the $8-$9 range so I can repeat the process. All along the way I collect a nice yield. JBL has held well at about the $20 level several times before with just brief periods below that level. I did some accumulating the last time we dropped into the teens. However, this last bounce didn't quite get me to where I'd liberate any of those shares. So, I didn't quite make the full round trip. Maybe next time. Best regards, Tom

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next