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Technology Stocks : Jabil Circuit (JBL)
JBL 201.800.0%Nov 14 9:30 AM EST

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To: Tim McCormick who wrote (4765)12/15/1998 7:02:00 PM
From: Frank Drumond  Read Replies (1) of 6317
 
>I don't understand why I should pay such a high PE for negligible YOY earnings growth<

Earnings are flat only because of the expansion going on. This segment is growing fast and will continue to grow as companies outsource manufacturing. Jabil's manufacturing know how and diversified client base are what makes them attractive. These guys will be doubling revenues.
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