SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Jabil Circuit (JBL)
JBL 201.800.0%Nov 14 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jane E. who wrote (5059)4/15/1999 2:20:00 PM
From: OldAIMGuy  Read Replies (1) of 6317
 
Hi Jane, With two+ years under your belt with JBL, you must be grinning widely now! A series of coincidences brought me to buy JBL. The management tool I use for it is the same as I use for all my equity positions. No magic, just follow the bouncing ball!

VTSS is a rapidly moving target. They're being treated unfairly because of supposed problems with some of their customers. Long term is still very good. I'll be accumulating more shares (only about 5% more) if the price drops to about $41. Then I'll continue to average down using up the healthy cash reserve I have for that stock if the price falls further.

Like JBL, all the analysts have been lining up on the "Gee it's a great company" side recently. How come that always happens just before the stocks take a 20% hit?? :-) Kiss of death syndrome! Anyway, we all know these stocks carry high multiples, so the downside risk is higher than normal. Hence the large cash reserves I use with these stocks.

With both JBL and VTSS I'm planning on being LONG for a long time - at least 3 more years and maybe quite a bit longer. Sorry I don't know TXCC, I'll have to look at it.

Best regards, Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext