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

To: patroller who wrote (5888)	11/16/2001 2:15:54 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 6317

Hi Patroller, Well as I was saying, our end of the capital equipment business was such that by the time our big billing cycle was complete the economy had usually tanked. As our business slowed and looked gloomiest the leading edge of the economy was usually starting to be recognized as in recovery. So, now that the equipment business that supplies iron and aluminum casters of various types are slowing, it should mean that the worst of the recession is already past and recognizable signs of recovery won't be too far away. Capital equipment for the metal foundries is just about the last car on the roller coaster. Lead times in that industry are usually at least 12 months so we tended to lag the usual economic indicators by about that much or more. Best regards, Tom

To: patroller who wrote (5888)	12/17/2001 4:49:00 PM
From: Sam	Read Replies (1) \| Respond to of 6317

Hey Patroller, Peter, Tom, Anyone have a clue as to what SLR's "material announcement" is about (see below)? They are moving their earnings up two days to make it. It must be either a big merger or horrible earnings news, I would guess. But that is based on nada. Sam Solectron to Issue First-Quarter Earnings Before Market Opens Tuesday MILPITAS, Calif., Dec 17, 2001 /PRNewswire via COMTEX/ -- Solectron Corporation (NYSE: SLR chart, msgs), the world's leading provider of electronics manufacturing and supply-chain management services, today said it will issue its first-quarter earnings release and conduct a conference call in the pre-market hours Tuesday. (Photo:http://www.newscom.com/cgi-bin/prnh/20001201/SLRLOGO ) The company is moving up its earnings release, originally scheduled for Thursday, because of the need to make a material announcement. The press release and related information about the company's earnings will be issued by 4 a.m. EST Tuesday. The company will conduct a conference call at 8 a.m. EST Tuesday. What: Solectron Corporation Q1 Fiscal 2002 Earnings Webcast When: Tuesday, Dec. 18, 2001 - 8 a.m. EST Web address: videonewswire.com How: Live over the Internet -- Log on to the Web at the address above. You may register for the call on this Web site anytime prior to 8 a.m. EST Tuesday, Dec. 18, 2001. Playback: If you are unable to participate during the live Webcast, the call will be archived on the Web site www.solectron.com. To access the replay, click on www.solectron.com/investor. A taped replay of the call will be available from 5 a.m. EST Dec. 18 through 5 a.m. EST Jan. 1. Call 800-633-8284 from within the United States or 858-812-6440 from outside the United States and specify reservation number 20048102. (Minimum Requirements to listen to broadcast:the RealPlayer software, downloadable free from www.real.com/products/player/index.html, or the Windows Media Player software, downloadable free from www.microsoft.com/windows/windowsmedia/EN/default.asp, and at least a 14.4Kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to webmaster@vdat.com.)

To: patroller who wrote (5888)	12/19/2001 1:13:27 PM
From: Sam	Read Replies (1) \| Respond to of 6317

Patroller, Sometime last year I asked you about the possibility of JBL or FLEX buying ACTM. You replied that Jabil management told you that they didn't need to buy ACT, they could just take whatever valuable business they wanted. Looks like they/you were right, ACT may be declaring bankruptcy soon, and is now a penny stock. I don't know if that is why other ECMs are weak today, but they all are, especially SLR (again, now below 11). ACT says in credit default, may seek bankruptcy (UPDATE: updates with stock activity, background) NEW YORK, Dec 19 (Reuters) - Contract manufacturer ACT Manufacturing Inc. (NasdaqNM:ACTM - news) on Wednesday said it was in default of its credit agreements and that it was considering filing for bankruptcy protection, sending its shares tumbling. Shares of ACT, which closed at $1.31 on Tuesday, were down 75 cents, or 55 percent, to 56 cents, on the Nasdaq stock exchange after reaching a 52-week low of 28 cents. ACT, which recently posted a third-quarter loss and said its business was hurt by the sluggish economy, said its bankers had not agreed to lend it any more money or extend its waivers under the credit agreement. The waiver expired on Dec. 14. ACT makes electronics components for networking and telecommunications equipment makers, a sector that has been particularly hard hit in the slowdown. ``The company can provide no assurance that it will obtain any of the liquidity that it requires or any of the waivers or consents it requires from the domestic bank syndicate or other parties,'' ACT said in a statement. As a result, ACT said it is considering a number of actions, including additional layoffs at several locations and the possibility of seeking protection under the federal Bankruptcy Act, in order to preserve its assets and value. The news comes a day after Solectron Corp. (NYSE:SLR - news), the world's largest contract electronics manufacturer, reported a fiscal $52.5 million first-quarter loss, compared to a profit of $190.6 million a year ago, and said it saw sharp declines in its personal computer and telecommunications operations. Revenues fell to $3.15 billion from $5.70 billion. The young contract manufacturing industry, specializing in producing electronics for brand-name companies such as Sony Corp. and Cisco Systems Inc. (NasdaqNM:CSCO - news) that prefer to concentrate on developing products, is still proving itself. After heady early days, the manufacturers have suffered along with customers as the economy has sapped demand for electronics and razor-thin profits have disappeared. biz.yahoo.com