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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (44596)	6/15/1999 3:05:00 PM
From: kendall harmon	Respond to of 120523

CUST trading off on a complete misunderstanding of the electronic wallet idea discussed on cnbc this morning with BYND CEO

To: Jenna who wrote (44596)	6/15/1999 3:06:00 PM
From: Joe Hoek	Read Replies (1) \| Respond to of 120523

OK - who hit the 3 o'clock sell button??? Fess up people. Guess the CPI #'s aren't going to be so good??? Figures.

To: Jenna who wrote (44596)	6/15/1999 3:08:00 PM
From: Jerry Olson	Read Replies (3) \| Respond to of 120523

Jenna nets are selling off again, i'm short GNET at 104 1/2...holding CKFR at 34 3/4...short

To: Jenna who wrote (44596)	6/15/1999 8:25:00 PM
From: Jenna	Read Replies (3) \| Respond to of 120523

JBL..There are going to be other short falls as this is the season.. Grab your profit if you are in, but don't hold through earnings even if you lose extra profit (as I did by not holding BBY,or CC,but did hold ADBE through second day and SLR intermittently. Now I hope I can get out of ADBE if I need to as I don't plan to hold that one either (ADBE already announced beating expections but I expect it will also be a case of sell on the news, although I did hold INTU).. Elsewhere in earnings news, Jabil Circuit (JBL:NYSE) shares tumbled 11 to 43 in after-hours trading following its third-quarter report. The circuit board designer posted quarter earnings of 29 cents a share, on target with the 26-analyst outlook and above the year-ago 23 cents. But Jabil said growth rates for the fourth quarter may be lower than anticipated due to last-minute design delays on new products from two customers. The delays could reduce fourth-quarter revenue and earnings by as much as 10%, the company said. Analysts had expected 33 cents for the fourth quarter. The design delay is "an illustration of dealing with a new product launch for a customer [namely, Nortel Networks (NT:NYSE)] that wants to make sure all their T's are crossed and all their I's are dotted," said Herve Francois, an analyst with Credit Suisse First Boston, which has no banking relationship with Jabil. The one-to-six-week delay is but a "little blip," according to analyst Jim Savage of Thomas Weisel Partners, which has acted as an underwriter for Jabil. Savage is cutting his revenue estimates for the August quarter to $550 million from $600 million and reducing his profit estimates to 30 cents from 33 cents a share. { *editor's comment, this "little blip" cost investors 22% another reason for being a hit 'n run trader}* However, he still expects Jabil to earn $1.61 a share in the fiscal year ending August 2000, up from $1.13 in fiscal 1999, and grow revenue to $3 billion from $2 billion. Jabil's new customer, Lucent (LU:NYSE), will help fuel growth in fiscal 2001, said Savage. Prior to the earnings report, Jabil shares had gained 45% for the year. "Before tonight I was telling people this is a great company, but I wouldn't put new money in it, because the stock was close to our price target of 55," Francois said. Now he is urging them to buy again. I would not buy it just yet, but wait for it to stabilize.