Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 204.03

+3.5%

3:59 PM EST

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To: Ajay who wrote (2370)	1/5/1998 4:03:00 PM
From: ccryder	Read Replies (1) of 6317

I hope I didn't come across as attacking Fenton. I respect him for reporting on his moves in a professional manner. He explains why the market is reacting like it is. I just wanted to caution people on how the market in JBIL has been working. The market is often wrong in interpreting news, like the COMS inventory "problem", the SEA problems relating to Jabil, and last summer when the "30 percent growth" cautionary statement was ignored in June only to have a profound negative effect when it was reiterated the next earnings report. The stock retailers, market makers, etc will use what ever interpretation suits their purpose to push or buy the stock. The errors in the market reactions create opportunities for the contrarian investors. I have made some good money investing and trading Jabil using my own analysis of market conditions. And I am still long.

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