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Technology Stocks : Jabil Circuit (JBL)
JBL 212.68-3.9%Dec 16 3:59 PM EST

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To: patroller who wrote (3665)5/4/1998 3:33:00 AM
From: Asymmetric  Read Replies (1) of 6317
 
Patroller,

I think, (and this is only an opinion), that Sansone, and
Jabil management got discredited a bit after he tried to
talk up the stock, targeted $52 as being fair value, and
saying Asian problems were overblown, and then had to eat
a bit of humble pie when after earnings announcement he
stated that revenues might not grow as projected due to
some customers realigning inventory. Since stock seems to
be a favorite target of shortsellers that small miscue
played into their hands. Jabil still a big portion of my
portfolio and a good value for those who exercise patience.
Good luck to all. Peter.
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