Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 212.41

-3.6%

2:34 PM EST

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To: Asymmetric who wrote (6212)	6/23/2003 3:10:47 PM
From: OldAIMGuy	Read Replies (1) of 6317

Hi Peter, We were able to let an additional 5% of our JBL holding go late last week at $25.50. Although the cash reserves aren't exactly bulging, they add a certain comfort at this time. My core position is still in place and I plan on continuing to capture some of the volatility profitably by trading around that core as time goes forward. Yes, I guess your advice was "sage" as of last week to Maroon. Already you've saved him about $2.50 from where I last sold. My own methods will require the price/share to drop to about $19 before I'll risk the cash again in the market. I think it could be quite a time before we see any significant break-out in prices of general stocks. If the market remains in a trade range as it has been since last year, I can still harvest some profits from it. Your words of caution are valid. Riding coat tails of rising stocks is going to be a dangerous pass time for investors for a long time to come. Best regards, Tom

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