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Technology Stocks : Jabil Circuit (JBL)
JBL 196.60+2.1%Nov 21 3:59 PM EST

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To: John Power who wrote (4470)8/16/1998 1:00:00 PM
From: Frank Drumond  Read Replies (1) of 6317
 
>The TA mystics on Yahoo chat seem to think that signs looks good for an early September price break out that should coincide with a round of tech conferences that will include Jabil.<

No TA mysticism involved. People will realize that the major computer companies are reducing their exposure to manufacturing and this translates into revenue increases for Jabil regardless of what the broader economy does. Even better, Jabil gets to create a "portfolio of manufacturing investments" which likewise minimizes Jabil's risk to a given manufacturer, or even market segment.
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