Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 210.06

-0.3%

Dec 1 3:59 PM EST

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To: John Morelli who wrote (3423)	3/27/1998 1:37:00 AM
From: C.C.	Read Replies (2) of 6317

I think this is as close to a bottom as you could expect to time for this stock. I think this is an easy double in a year from these levels. Some say it is dead money for a while but I would take a 100% yearly gain on any investment. This could turn out to be an understatement very easily. I feel management was being very conservative in their warnings during earnings which could set this up for an upside surprise next report. Management may have realized this time that "working more closely with analysts" is not the way to go - and to under-promise and over-deliver (like Microsoft does all the time). Outsourcing is going to be the way to go for these large companies that won't want to keep a lot of inventory to drag down their profits. JBIL has some serious support around the 30 level so unless the market tanks I don't see them getting into the 20's. If they do...average down! C.C.

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