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Technology Stocks : Jabil Circuit (JBL)
JBL 200.09+0.6%3:59 PM EST

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To: John Power who wrote (3484)3/29/1998 9:46:00 AM
From: Rosemary  Read Replies (2) of 6317
 
John,

Yes, volume is a biggy. Jbil had huge volume Friday, and it went down. That's not a good sign for the immediate future. You look at the normal volume every day, and when you see it double, then its either good if the stock went up, or very bad if it was a down day.

I wouldn't want to be adding more to my portfolio right now until more is known about what is going on with this selling. If they had the analyst meeting Friday, and we saw this heavy volume again, they may not have had good things to say. It's all guesswork on my part, but I was going to buy more till I saw Friday's action. I can wait.

I'm off on vacation for this week, usually my stocks go up while I'm away and not watching them. So maybe this will happen again?
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