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Technology Stocks : Jabil Circuit (JBL)
JBL 225.01-1.4%1:52 PM EST

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To: Roger B Finlen who wrote (4109)6/16/1998 5:22:00 PM
From: Sam  Read Replies (2) of 6317
 
Roger,
"Would be kind enought to translate this line from the forward looking statement: For the balance of fiscal 1998, the Company anticipates that revenue will remain flat, with a significant revenue growth in the fall quarter."

FY98 ends in August. This past Q was their third of FY98. Significant revenue growth coming in the December quarter (the first Q of FY99), with addition of the HWP line, and their other new customer coming in calendar year 99.

The statement as printed sounds more ominous than it is. I hope the analysts ask the right questions, and Sansome answers the right way to clarify it properly. We'll see. This will be an important CC for the stock price for the next couple of months. However, even if the stock sells off, anyone who holds on for 6 months will be OK, assuming the market and the economy hold up reasonably well.
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