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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (4332)7/29/1997 1:58:00 PM
From: Logain Ablar   of 9285
 
Roger:

RE: JABIL - I watched the CEO on CNBC the day after they released earnings [It was the same morning the CTXS CEO was on].

JABIL's CEO was very polished and indicated the following (in answers to questions presented by CNBC):
1) In the previous nights analyst's meeting he would not be surprised if some analysts forecast earnings of $4 per share for the 98 fiscal year.
2) The do expect to run into normal manufacturing issues when two new plants come on board in the fall.
3) Expect margins to decrease but earnings will continue to grow.

Thats about all I remember. I thought he was very optimistic and setting high expectations.

Best regards,

Tim
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