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Technology Stocks : Jabil Circuit (JBL)
JBL 219.96+0.6%Dec 5 9:30 AM EST

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To: WTMHouston who wrote (3187)3/17/1998 5:49:00 PM
From: gs  Read Replies (1) of 6317
 
>>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. <<

In the first fiscal quarter JBIL made 0.49c, it means that in the fiscal 1998 JBIL will make about $2.00. that is still 53% more than
$1.37 in fiscal 1997. At $36 we have P/E=18. Based on on this P/E and "resumption of growth in the fall quarter" the downside risk is limited.
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