Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 197.06

+0.2%

Nov 24 3:59 PM EST

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To: Jimbo Cobb who wrote (4558)	10/7/1998 1:15:00 AM
From: Douglas V. Fant	Read Replies (1) of 6317

mark, SCI's Annual Report just arrived tonight. SCI notes short-term problems but long term strong growth to continue in the ECM industry. More suggestion that ECM's look pretty decent moving forward... From page One of the SCI Annual Report: "In spite of the effects of continued rapid declines of average selling prices, liquidation of excess customer distribution channel inventories, and a year of Asian economic turmoil, net revenues grew 18.1%. Outsourcing of manufacturing services continues to gain momentum as a major trend and sustained industry and Company growth prospects are clearly favorable." So SCI's CEO and COO similarly see good growth moving forward- and imagine how much better things will be when prices stabilize and inventory at PC makers, networking companies, and telcomm stocks shrinks to market condictions... Sincerely, Doug F.

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