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Technology Stocks : Jabil Circuit (JBL)

JBL 210.71

+1.7%

Nov 28 9:30 AM EST

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To: Rosemary who wrote (3090)	3/16/1998 7:04:00 PM
From: Douglas V. Fant	Read Replies (1) of 6317

Rosemary et al., SLR did well. Zack's showed a mean estimate of $.41/share and mean estimate of 26% eps growth. SLR made the $.41/share and also stated both revenue and eps growth rates in excess of that expected- 38% revenue growth rates and 30% eps growth rate year-over-year.... From SLR's Report: "We are very pleased with our operational results for the second quarter," said Dr. Ko Nishimura, Solectron chairman, president and CEO. "During this past quarter, we continued to invest in our infrastructure designed to sustain and propel our rapid growth. It is due to this infrastructure and our common process initiatives that we were able to successfully ramp-up faster than anticipated with several major new customers at various Solectron operations around the world." The CEO's statement confirms IMO that outsourcing to ECM's is an accelerating trend... Sincerely, Doug F.

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