Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 200.25

+0.7%

3:59 PM EST

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To: Hector who wrote (2819)	2/28/1998 11:38:00 PM
From: Galileo	Read Replies (1) of 6317

David, I'm a little concerned now that you are a buyer of JBIL (contrarian indicator). I have to admit though I think you are way off base on your assesment of the market. It may be an old bull market, but the rotation of money into the United States will sustain a much larger move (even more so than the last 2 months) to the upside. I've been buying heavily since last November, eventhough at that time the bears were saying we were in for a correction to 6000. This is a new global economy, and the market is now based on a new set of fundamentals. We are the Japan of the late 70's and 80's. Low interest rates, close to full employment and no inflation. This market has a long way to go. I bought JBIL at 32 last November as well as SUNW, also at 32. Both have been quite profitable. I think I got my initial tip on JBIL from this board. I'll check your most recent tip as well. One other piece of advice. Stay in for more than 2 points on the upside.

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