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To: SJS who wrote (8987)	6/16/1999 12:04:00 PM
From: drsvelte	Read Replies (1) \| Respond to of 14427

Steve, I guess I'm a bit more sanguine about the inflationary outlook than you. There will be inflationary pressures, yes. But I think oil is not likely to see much more upward pressures, many see Japan's GDP numbers as spurious, Germany slowing, etc. 25 bp sure, but that will not ruin the party long-term. Oracle's numbers tell me the Y2K scare is much too overworked, IMO. Wedgie could probably speak to this with some authority. JBL update: --------------------- Jabil Circuit Inc. (JBL) 47 9/16 -6 7/16: --UPDATE-- C.E. Unterberg, Towbin upgrades supplier of custom manufacturing services for circuit board assemblies from "buy" to "strong buy"; analyst feels sell off is not justified as EPS impact of Q4 weakness warning is $0.03 maximum.....