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Technology Stocks : Jabil Circuit (JBL)
JBL 222.37-5.1%Dec 12 9:30 AM EST

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To: OldAIMGuy who wrote (3579)4/14/1998 11:16:00 PM
From: AHMAD AFTAB  Read Replies (3) of 6317
 
You are absolutely correct about the quietness of this board. I have noticed that about three weeks prior to earnings this board gets very busy however after the earnings all those familiar names disappear for about two months. I am new to JBIL and after studying the charts I decided that volatility in this stock can be used to your best advantage. I first bought at 39 which looked cheap at that time and have averaged down to 33 1/3. I sold lots of April 30 puts as recently as last thursday. IMHO this sector is the future of hardware and when investors are done buying SANM and other high priced stocks, bottom fishing will drive JBIL up to upper 50's( that is earnings multiple of 30 = growth) at least.

p.s: being a CPA and watching JBIL/SANM on April 14th may sound crazy
to some but it has been a very relaxing experience to me.
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