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Technology Stocks : Jabil Circuit (JBL)
JBL 196.60+2.1%Nov 21 9:30 AM EST

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To: Lee Martin who wrote (3031)3/13/1998 3:43:00 PM
From: Rosemary  Read Replies (1) of 6317
 
Hi Lee,

Oh I follow Lucent with tears in my eyes. Wasn't is just yesterday it was selling at $50? Seems like it. After splits, stocks tend to get real again. I can't say this will happen but a lot of people sell half their positions and keep the other. It doesn't happen all at once. But I'm hoping for a drift down after the split and see it's valuations.

We now have more slick willie stuff that they are blaming on the Dow being down. Who knows? Maybe we'll find a buying opportunity there.

Since I'm a holder of JBIL, its hard for me to be objective. I wouldn't be holding it unless I thought it has a good future. It is so wildly traded, could you stand it if after the earnings came out and they were good, and here comes the shorters anyway? It could happen again. I look at the chart for last year and with all this up and down trading it still managed to get to 65+. IF the company stays on target, so should the price in the long run. Decisions, decisions.
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