Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 204.01

+3.5%

3:59 PM EST

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To: Fenton White who wrote (2388)	1/8/1998 10:56:00 AM
From: William T. Katz	Read Replies (2) of 6317

Fenton, If you have a mission to "grow a minimum of 100% every six months" and have used your system for the "past few years", why aren't you a bizzilionaire? You may be correct or you may be, as others suggest, a misinformation-for-profit player. Nowadays, the latter is more likely simply because those with millions in profits don't seem to mess with us small fry ... they have alternate information sources which cost more but filter noise. But I'll remain neutral on that issue ... no point in trying to guess motives. I used to have 200+% gains in the first 6 months of 97, but alas, my first year of trading was very educational and I wound up only break-even for 97 due to a whole series of disastrous moves with the tech sector plummeting. I've revised my strategy based on what worked and what didn't. I currently have a small (200 share) position in JBIL and will simply keep it due to what I think is unfair hammering of the stock due to Asian contagion and poor knowledge of how elec contract manufacturers work. My time line is now a year or more. How much of your trading is fundamental as opposed to technical? -Bill

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