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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: AlienTech who wrote (3405)3/26/1998 12:28:00 AM
From: AHMAD AFTAB  Read Replies (1) of 6317
 
I am surprised to see JBIL trading at 17 times EPS with growth rate of 35% after lowering the estimates.This stock should have been trading at 65 had the warning been issued in a different manner. You absolutely right about staff members buying at these lower levels. Given the bright future outlook for contract manufacturers the staff members probably know that this is a bargain at $32. After looking at the chart I am convinced that this sector is going to be hot in the near future. I am definetely going long on JBIL tomorrow.
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