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: Early Bird who wrote (4700)	11/14/1998 1:28:00 PM
From: kolo55	of 6317

Received this e-mail from a Yahoo poster: From: Tortie2@aol.com I refuse to pay to post on an internet board when yahoo is available for free so I'm emailing. I just wanted to let you know that JBL didn't drop b/c of insider sales. This info has been public for weeks. My personal opinion is that it was just a bit of profit taking combined with stoping out of those investors with tight stops (i.e. less than 20% from recent high) SLR and Flex went through similar action within the last 2 weeks dropping 5 or 6 points and both are now testing recent highs. It was very predictable. I would suspect, based on this analysis that if the market is flat or up JBL will be testing recent highs by the end of next week. The sales by insiders were consistent with past quartley sales or even a little more conservative. With the recent runup I see this insider action as a great sign. The still own a hugh chunck.

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