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Technology Stocks : Jabil Circuit (JBL)
JBL 201.800.0%Nov 14 3:59 PM EST

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To: Rosemary who wrote (2765)2/26/1998 12:13:00 AM
From: Suresh  Read Replies (2) of 6317
 
Hi Rosemary,

there has been recent filings for two insider sales of 50k out of 8Mil holding and another sale of 75k out of 13 Mil holding which were carried out in Jan. I don't think insiders will be allowed to sell during the quiet period before earnings (I think it is about 30 days.. please correct me about this if I am wrong) Looking at the past history of insider sales...they have the worst track record for picking peaks. If this is treated as any indication of future things to come out...it will be really rosy for the bulls of this stock. BTW, did the CEO say a sequential growth of 5 - 7% ? Does anyone know the major customers of JBIL ?

Thanks,

Suresh

PS: At present I have no position in JBIL but thinking of a straddle for earnings.
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