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Technology Stocks : Jabil Circuit (JBL)
JBL 219.96+0.6%Dec 5 3:59 PM EST

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To: David M who wrote (3184)3/17/1998 5:08:00 PM
From: Michael Ohlendorf  Read Replies (1) of 6317
 
I must say I am a little bit disappointed. Earnings were as I expected but did not Sansone was so convinced in his last quarter outlook that the company would be able to achieve an annual growth rate of 30 percent and that the Asian situation would not have any impact on JBIL at all ? Well suddenly he sees a softening in demand from major customers and is cautious about the next quarters. Are this the comments of a trustworthy CEO ?
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