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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: 18acastra who wrote (4697)11/13/1998 7:15:00 PM
From: Michael Anthony   of 6317
 
>>The price action on JBL the last 2 days in sympathy w/DELL shows me just how poor a lot of investors understanding about the industry still is.<<

Knowing that others think differently is the key. You have to allow for these irrationalities. It doesn't make sense, you're right. I for one though am not surprised at all. I have seen it before. Knowing the market is irrational should be primary and the facts usually are secondary :) On the other hand though, the strength of companies like CSCO helped JBL to the upside when they did well so it all evens out in the end.
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