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


To: Michael H who wrote (5735)12/21/2000 8:55:12 AM
From: Jane E.  Respond to of 6317
 
Michael

Jabil just reported their Q1 2001 earnings, which for them, ended November 30, 2000. So, when they are referring to second half of 2001, it is actually only one quarter away for them as their calendar is slightly different than the calendar year. They are essentially predicting a one quarter slowdown.

Jane



To: Michael H who wrote (5735)12/27/2000 5:36:20 PM
From: Road Walker  Read Replies (1) | Respond to of 6317
 
Very Good News:

Jabil Circuit to replace Coastal Corp in S&P 500
NEW YORK, Dec 27 (Reuters) - Standard & Poor's on Wednesday said that electronics contract manufacturer Jabil Circuit Inc. (NYSE:JBL - news) would replace Coastal Corp. (NYSE:CGP - news), a natural gas and pipeline operator, in the widely watched S&P 500 index.

The change will take place after the close of trading on a date to be announced, Standard & Poor's said.

Coastal is being acquired by El Paso Energy (NYSE:EPG - news) through a stock and debt deal proposed in January.

The S&P 500 is tracked by fund managers and changes to the gauge are often followed by heavy trading in shares of the companies affected as funds' holdings are adjusted to match the index.

Shares of Jabil closed Wednesday at $23, off a year high of $68 but up from a low of $18-5/8. Coastal ended at $88-3/8 after hitting a new intraday high of $88-13/16, up from a year low of $32-3/4.