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Technology Stocks : Jabil Circuit (JBL)
JBL 204.03+3.5%3:59 PM EST

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To: Rosemary who wrote (2987)3/12/1998 8:05:00 PM
From: Muhney  Read Replies (1) of 6317
 
Greetings all...
I have been reading your posts here for sometime. I finally decided to join SI so I could respond to some of you.
For the most part, your posts here have given me some terrific insight to news releases that are sometimes difficult to find. It's nice to have a lot of "watchdogs" out there. I really appreciate the work that some of you have done.
I am in the brokerage business, and have often been a market maker on several securities (not JBIL). It is interesting to see some of the varied opinions of what market makers can do to the price's of securities.
I would agree that JBIL appears to have some questionable trading habits during the course of the day. I have been frustrated more than once with the executions in my own account. It's not a stock for the faint of heart.
I have to believe that JBIL's earnings will be very good come Tuesday.
They have a much larger production capacity which had restrained them previously, and should show savings of 1-2c per share from the recent currency valuations in Asia.
I think Wall Street has underestimated this company as well as misunderstood it. I have to believe that the future is very bright, this stock is selling at a very low multiple, appears to have negotiated a deal with "Big Blue"and will benefit from the upcoming "PC WARS" ala Gateway.
Look for big things here over the next few days....
Take care..

Muhney
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