Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 207.21

+1.6%

Nov 26 3:59 PM EST

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To: skidder who wrote (3770)	5/8/1998 4:55:00 PM
From: Trader Ric	Read Replies (1) of 6317

Still bullish but sold 1/3 of my May 40 calls and received my original investment back. Learned something too. Put in a limit order of 31/4, the ask price with 2 minutes to go. Often these orders don't fill, particularily if the mm's don'twant to buy them back. Tells me the mm's expect the price to rise on monday when they snap up several orders of may 40 call's at the last minute. They even paid 5/8 premium with 5 trading days to expiration, on fairly high volume in the last few minutes!!! Anyone read this differently?

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