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Politics : Ask Michael Burke

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To: Cynic 2005 who wrote (22778)10/9/1997 4:37:00 PM
From: GuinnessGuy   of 132070
 
Mohan, As I recall you had sold your put position in Jabil(JBIL). Did you reinstate it yesterday by any chance?-g- What's your take on the downdraft today -- which just happens to be the day of earnings. My Smart Modular(SMOD) got beat up as well. On the JBIL thread they are blaming the MM's but I really wonder. On the other hand MU soared the day the before the stock traded on earnings. Anyway, we got less than one-half hour before they report. Now that your bird is baaaack maybe he has a quick prediction for JBIL?-g- If they miss I think that it will have an effect on the tech stocks in general as think is one area that so far hasn't seen any negatives. In that respect it's sort of sacred ground. In retrospect I suppose that I should have initiated some sort of straddle on this one today. Oh well, live and learn....

Craig
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