Steve,
No relation to Andy G.<g>...but if you owned Coms before last quarter earnings report, you'd be a little edgy yourself<g>
OK -- Start over.... >>Just what the hell does COMS buy from these guys?<<
It's the other way around. Jabil contracts out work to COMS. Here's a blurb of what Jabil does:
Jabil Circuit is the third-largest national manufacturer of circuit board systems, trailing Solectron and SCI Systems. The company's products are used in PCs, printers, network hardware, cellular phones, and cars. Jabil's major customers include Hewlett-Packard, 3Com, and Cisco Systems (more than half of its revenues come from telecommunications clients); such companies use contract manufacturers like Jabil to save money and improve production times. Jabil has manufacturing facilities in Malaysia, Mexico, the UK, and the US. CEO (and founder's son) William Morean and his family own 41% of the company.
Now, reread my previous post again, and it'll make more sense.
joe |