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Technology Stocks : Jabil Circuit (JBL)
JBL 216.14+1.6%3:59 PM EST

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To: patroller who wrote (4097)6/16/1998 10:27:00 AM
From: Frank Drumond  Read Replies (1) of 6317
 
Another HP opportunity for Jabil. The Loveland Tape Operation is shutting down their mfg and letting 148 employees go. They will outsource the mfg for the tape products (Colorado Memory System products) along with other unspecified storage products.

No contract mfg firm has been named but it was stated that it would not be a Colorado firm. Could very well be an opportunity for the Boise Jabil plant. HPs Information Storage Group of which LTO is a part of is headquartered out of Boise.
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