Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 204.01

+3.5%

Nov 25 3:59 PM EST

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To: big guy who wrote (3792)	5/12/1998 7:54:00 AM
From: Rosemary	Read Replies (2) of 6317

Jacob, I don't think HP will lose over this deal. They won't have to pay 600 employees, with health benefits, and all the rest that goes with it. They are guaranteed products from the supplier, and their bottom line will look better. It should be a win/win for both companies. This is a definate win for JBL. This is such an undervalued stock. On CBS news: Jabil Circuit Inc. (JBL) may be on the move Tuesday after the company agreed to buy part of Hewlett-Packard Co.'s (HWP) LaserJet printer manufacturing unit. Jabil, which provides contract manufacturing services to original equipment manufacturers, will acquire HP's printed-circuit assembly operations in Boise, Idaho and Bergamo, Italy. In a press release the companies said Jabil will continue to provide circuit-board assemblies for the LaserJet printer division of HP. The purchase is Jabil's first major acquisition. Jabil shares closed up 13/16 at 43 1/2.

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