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Technology Stocks : Jabil Circuit (JBL)
JBL 225.66+2.6%3:36 PM EST
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To: kolo55 who wrote (4121)6/16/1998 7:17:00 PM
From: jeffbas  Read Replies (1) of 6317
 
Paul was there a conference call you listened to? How does it affect your view? What was their body language?

I basically agree with you. Look at it another way. Next quarter may be $.35, or a run rate of $1.40. There is absolutely nothing wrong with a 25 P/E multiple of a cyclical growth company's cycle bottom earnings, when they are about to resume certain, major growth.
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