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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector

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To: jeffbas who wrote (1281)3/5/1998 5:41:00 PM
From: kolo55  Read Replies (2) of 2542
 
Well, the booby prize goes to Jabil.

The mo guys sure have been back at again in Jabil these last 10 days. The stock is now down about 13 points since its intermediate high last Thursday and Friday. And earnings are coming. This looks like too much fun to miss out on, so I picked up some Jabil today in the 43-44 range. I hold to see the earnings at least, and maybe just hold on after.

Flextronics held up well, and SCI and SLR got hit about 5%. Interesting that SCI held as strong as it did. Maybe the market players have more brains than I give them credit for. Nah, just look at Jabil price chart recently.

Paul
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