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Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?


To: Frank Drumond who wrote (5685)11/28/2000 2:47:31 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 6317
 
Hi Frank,
Thanks for the heads-up on insider selling.
insidertrader.com

It would appear that the majority of the sales have occurred between $50 and $60 which has pretty well capped JBL's stock price progress for now.

I've made two small buys in the low $40s in recent times after selling some shares as high as $60 just before that. My AIM program indicates I should buy more at about $38, I believe. That's a decent discount from their selling points and makes the stock a bit better priced relative to earnings.

Maybe the ECM's are finally going to see some contraction of P/E ratio and the bosses are anticipating same.

Best regards, Tom