Jabil Circuit (JBL) Message Board

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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: aftab who wrote (3402)	3/25/1998 8:36:00 PM
From: AlienTech	Read Replies (2) of 6317

>>I called my broker at Merryl he thinks that insiders have been accumulating JBIL in small lots for last two weeks or so. I have tried to verify this info with other sources but no one can confirm that. SEC archives have no info to confirm this either.<< He might also just mean employees. I would think a stock like JBIL at 30 is an excellent value since thats what it was trading for an year ago. Inventory problems are temporary so for a value investor its an excellent play. Now for momentum investors they only want to buy stocks which are going up. I have a 25% loss due to the drop but am making a few 1/4 ers here and there just trading it back and forth. Just get bored holding a stock thats down a lot but I think in less than 3 months it will be back to 40+ once people notice that the excess inventory is taken care off, so also have to be careful that it dont run away after you try to make a 1/4 on it, The best bet is to just hold.

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