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Technology Stocks : Jabil Circuit (JBL)
JBL 225.48+2.5%Dec 8 3:59 PM EST

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To: WTMHouston who wrote (3187)3/17/1998 5:20:00 PM
From: Rosemary  Read Replies (3) of 6317
 
Troy,
If we think this warning out a little:

"For the balance of fiscal 1998, the Company anticipates that
revenue will slow to near the level of the first fiscal quarter of the
year, with a resumption of growth in the fall quarter. The Company
expects lower operating income over the next two quarters resulting
from lower demand for production and new product transitions for
existing customers".

It's not exactly the worst warning I ever read. They expect to see .49 cents for the next two quarters, that's what they earned last quarter. It's still a very undervalued price for the stock. I'm sure that we'll see heavy selling tomorrow no matter what. But this is not the end of the world warning.
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