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Technology Stocks : Jabil Circuit (JBL)
JBL 200.25+0.7%Nov 19 3:59 PM EST

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To: Rob L. who wrote (2278)12/18/1997 10:58:00 AM
From: 18acastra  Read Replies (1) of 6317
 
Wrong!!! Stock going down because Plexus, another contract manufacturer reported horrible earnings. Plexus stock down about 30%. The whole sector is selling off because of that.

Investors don't understand that scale global players like Jabil, SLR, FLEXF, etc., growing at expense of players like Plexus, so they sell all stock in sector blindly. Jabil's business is obviously doing fine, and Plexus announcement is irrelevant to Jabil.

My opinion.
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