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Technology Stocks : Jabil Circuit (JBL)
JBL 201.800.0%Nov 14 9:30 AM EST
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To: patroller who wrote (4601)10/10/1998 11:50:00 PM
From: jeffbas  Read Replies (1) of 6317
 
Patroller, it certainly could happen. But I consider it just as likely
that all the yuppies who have been making 15-20% per year in their
mutual/index funds look at their next statements -- and cutting interest rates have no significant favorable intermediate or longer term economic impact.

That is why I tend to stay far away from market forecasting and stick
to the merits of individual companies. However, I do feel the situation is dangerous enough that I posted that it would be prudent
for anyone overexposed to the market, which I defined as on margin or owning call options, do something about it -- and reminded readers that bear markets do not care about fundamentals. When people want out
it does not matter how good the company is.
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