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: patroller who wrote (4636)	10/19/1998 10:38:00 PM
From: Frank Drumond	Read Replies (2) of 6317

I agree, there is lots of upside here. Companies like HP are dumping manufacturing rapidly. The area I live in has three large HP facilities and the one area you don't want to be in at HP is mfg. HP just keeps outsourcing. Bodes very well for the contract shops. This is even more true given the current timing, the Asia woes have put pressure on the hardware companies to cut costs so they've dumped mfg. The next 3 - 12 months should see business in general rebound which makes things even brighter for JBL, all the new contracts they've picked up will start to boom. Hope I can get the shares I sold today back for less than I sold, this stock really has momentum going, more than I thought earlier today.

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