Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 196.60

+2.1%

Nov 21 9:30 AM EST

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To: Rosemary who wrote (3772)	5/9/1998 1:03:00 PM
From: kolo55	Read Replies (3) of 6317

Some posts on Yahoo this morning talking about announcement Monday. One poster expects a deal announcement with HP on Monday. Another poster says the rumors are flying in Idaho. Well, putting these two rumors together, we can surmise the following: It appears that a deal between HP and Jabil for their plant in Boise, Idaho is in the works. Some expect an announcement Monday. I understand this plant mostly makes Laserjet printers, and that HP also has a European operation that also makes Laserjets. If Jabil gets the Laserjet biz, this would be a significant spike to revenues, because this is a huge business for HP. It probably is as big as the recent inkjet business outsourced to SCI and Solectron, and that business was at least $700M a year. It will be interesting to see what the terms of the deals are. Hmmm, these are interesting times. Paul

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