Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 196.60

+2.1%

Nov 21 9:30 AM EST

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To: Larry Unger who wrote (2314)	12/19/1997 1:17:00 AM
From: David E. Henry	Read Replies (2) of 6317

JBIL is a great stock but we are in very negative market right now. Its not even the techs either. When MMM blew up some thing in me got very worried. I agree with the guy who said Fenton is wrong about this stock; but right about how it will react in the stock market. At this point I am not so sure about a Santa Clause rally; but I do believe we would have a good end of year, begining of 98, rally as the Big money comes in. My prediction is much volatility and some nasty surprises on the downside after the initial January Rally. There is good news though. One is the very surportive interest rate environment. The next is the hugh short interest developing here. These shorts would actually help the bulls because they have to buy to cover sometime. For traders, this is a crazy market that could kill you; But for long term investors in great stocks like JBIL..Hold tight.. this is still a bull market.

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