Paul,
Thanks for the details on upcoming prospects, your
analysis, and some price targets. They were definitely
helpful to me.
Regarding taxes, I don't mind paying them at all when
I've timed the volatility in a stock right. On the
other hand, that strategy as applied to Flextronics
has pretty much been a failure...and it's not like you,
Patroller, et al. didn't keep pointing the way forward.
Guess what I was trying to do was have my cake and eat
it too by catching the healthy gains in this sector with
Jabil, and then catch the volatility of the sector by
trading Flex, and a few others ECMs.
The way this came about was not thru a study of the
relative volatility of the two in relation to each
other, as Jabil actually has been more volatile than
Flextronics, hence a better trading vehicle. It came
about because I came later to the party on Flex, and
so my gains were never nearly as breath-taking as
they have been in Jabil. In hindsight, had I just
bought and held a core positon like you, Patroller
and others, the gains would have been breath taking
enough!
Live and learn. Peter.
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