Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 200.25

+0.7%

Nov 19 3:59 PM EST

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To: kolo55 who wrote (4569)	10/7/1998 10:47:00 AM
From: Joe Griffin	Read Replies (1) of 6317

JBL also picked up Nortel work! Jabil Circuit to manufacture for Nortel ST. PETERSBURG, Fla., Oct 6 (Reuters) - Jabil Circuit Inc., a contract manufacturer for circuit board assemblies, on Tuesday said it has entered into an agreement to provide global manufacturing services to Nortel Networks (Toronto:NTL.TO - news) Inc. Jabil did not disclose the terms of the deal. Jabil said it expects the deal to a modest increase in production the first quarter 1999 and steadily increase and may account for 10 percent of its revenues by the end of fiscal 1999, the company said in a statement.

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