Jabil Circuit (JBL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Jabil Circuit (JBL)

JBL 210.85

+1.8%

11:00 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: 18acastra who wrote (3396)	3/25/1998 11:59:00 AM
From: Rev Paris Green	Read Replies (2) of 6317

COMS has NOT managed to get their inventory under control. You stated "3-COM sounds like they worked through a lot of their inventory issues this Q, and things should resume to normal going forward". Well according to UBS securities and E. Glazer (sic), COMS was downgraded today because they still have a way to go on inventory. I believe they reduced the 10 week inventory overflow to 7 weeks. This is still pathetic, and will soon reflect a lower stock price (sub-$30). With regard to JBIL, they are a better buy then Solectron but JBIL will likely trade between $27-$30 before it heads north. Why? Because Fenton says so, and he has been on the ball for a while. But seriously, JBIL seems to be moving contrary to market momentum, regardless of the scalping it received a week ago. Cheap or not (I think it is, but would not buy yet), that momentum will take a while to beat. If you want to short something, try COMS. They are being supported by the MSFT euphoria and will settle down quick. IMHO :)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next