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

To: Asymmetric who wrote (5891)	12/17/2001 5:35:02 PM
From: OldAIMGuy	Respond to of 6317

Hi Peter, Thanks for the article even if it's not the cheeriest thing I've ever read! :-) Right now comparisons done on a 13 week basis look pretty strange. This makes me think I need to make some special consideration for some of my statistics. It was just 13 weeks ago that the markets re-opened. Most stocks didn't do well for the remainder of September. Therefore our 13 week comparisons are now looking at near market lows. Part of the BARRONS article's problem may be based upon this same thing. "The SOX, the semiconductor stock index traded on the Philadelphia Stock Exchange, rose more than 46% from October 2 through Wednesday's close." says Eric Savitz. However, he forgets to mention that right around October 2 is when the SOX probably bottomed. I wonder what the percent move would have been if he'd measured from August 25th? I have a feeling it wouldn't be as fat as 46%. The same thing could be said for measuring the SOX from the March 2000 all time high. I think it renders the statistics somewhat impotent to make comparisons to such extreme times. Makes for good press, but not much added info value. I think we're just going to have to wait and see how good JBL and the other ECMs are at managing their businesses under tougher times. I'm still quite long the sector and currently stuck in the middle of my usual trade range. Best regards, Tom