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Technology Stocks : Jabil Circuit (JBL)
JBL 223.47-2.1%10:44 AM EST

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To: Harley Morgan who wrote (2451)1/14/1998 12:46:00 AM
From: gs  Read Replies (2) of 6317
 
Yes I hope that was the reason, but coms did not drop 1 point for last
15 min and closed near it is high for the day.

My guess is that a lot of momentum players who bought JBIL shares on friday, monday at low 30 or in the morning when it went up to 37 7/8 sold them realizing that it was not going higher (such day!). I watched the tape and noticed that in the last 15-30 min most trades were 1000 shares or less.
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