Jabil Circuit (JBL) Message Board

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Technology Stocks : Jabil Circuit (JBL)

JBL 196.60

+2.1%

Nov 21 9:30 AM EST

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To: kolo55 who wrote (4695)	11/13/1998 10:01:00 AM
From: Finder	Read Replies (1) of 6317

Lots of options activity this AM (for this stock) caused specialists to sell stock, causing drop on light volume. That is the problem with relatively thinly traded stock. When someone plays with the options the stock is immediately effected. Further this stock has a lousy specialist on big board. Specialist is supposed to buy stock out his own pocket to keep market orderly. Jabil spedcialist never does when he sees a 10,000 share block sell by an option speciaist hedging a 100 conrtact call sale he gets out of the way and the bid drops a full point.

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