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Technology Stocks : Jabil Circuit (JBL)
JBL 196.60+2.1%Nov 21 3:59 PM EST
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To: patroller who wrote (1985)12/5/1997 4:51:00 PM
From: Dr. Doktor  Read Replies (1) of 6317
 
Patroller,
You're exactly right. I spoke to someone at the Michigan Plant this afternoon and he indicated that the 3Com lines are as busy as ever. He also confirmed that they don't make modem or adapter card boards. He wouldn't say exactly what they do make for 3Com but said they are very expensive, up to 10k per board. Any ideas what that could be?

As far as the Michigan Plant goes, he said they have had a very busy quarter. They have leased another facility so they can move some of their older lines to make space for the networking products. Say's they're working 24x7 which I can confirm because I drive past the building daily at all hours the lot is full. Also said they have added another customer line at the facility but said he couldn't say who the customer was.

As far as insiders buying or selling stock, he said he was talking to some of the engineers there just the other day and said they were griping that they are currently locked out and couldn't buy the stock while it is down before the quarterly report.

I continue to hold my long term shares in JBIL and will buy more shares if we dip below $40. I wouldn't worry much if you're long term and not margined, long term, JBIL will do fine.

Regards,
DOK
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