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

To: patroller who wrote (5995)	3/20/2002 5:38:10 AM
From: Judy Muldawer	Read Replies (1) \| Respond to of 6317

Hi there Patroller. For some reason I no longer own JBL, but I follow it because it and FLEX seem to move in tandem. Still holding onto lots of shares of FLEX and, although not where it was two years ago, do you think it will rebound back to that level? Soon?

To: patroller who wrote (5995)	3/20/2002 9:48:34 AM
From: Return to Sender	Respond to of 6317

JBL benefitting from secular outsourcing growth Wednesday March 20, 6:00 am Eastern Time biz.yahoo.com My notes: This year the company is expected to show strong sequential growth due to higher levels of outsourcing from companies like HWP, CPQ, including a new server program, a new customer in Italy and closing of the Alcatel deal leading to 1 billion in revenues in the 4th quarter. The next two quarters will show increased revenues and earnings even if end market demand does not pick up. This quarter JBL was 1 cent over guidance due to good expense control. Next quarter expect a 2 to 5% increase in sales coming up for 3rd quarter of $825 to 855 million leading to 11 to 13 cents per share earnings then 14 to 19 cents ($1 billion in revenues) for the 4th quarter leading to steep sequential growth in earnings and 45 to 50 cents in earnings overall. According to the guy doing the story JBL's stock is more expensive than most but it's a fairly good investment in relationship to the earnings potential of $1 to $1.5o per share in a year and a half. From Briefing.com: 09:48 ET Contract manufacturers lift on JBL earnings/guidance Sector heading higher this morning in reaction to positive earnings and upward guidance issued last night by Jabil (JBL +7.6%): FLEX +1.9%, SLR +1.8%, SANM +1.4%, CLS +1.3%. RtS

To: patroller who wrote (5995)	3/20/2002 10:58:48 AM
From: Asymmetric	Read Replies (1) \| Respond to of 6317

Some Brokerage Reactions to Earnings Jabil Circuit (JBL / NYSE) Deutsche Banc Alex Brown Raising EPS estimates to $0.43 for fiscal 2002 and $0.70 for next year, because of the company's new cost restructuring plan. JBL also beat our quarterly cash earnings estimate by $0.02. Maintain Market Peform rating, based on valuation. Jabil Circuit (JBL / NYSE) Bank of America Montgomery Raising fiscal 2003 estimate to $0.76 per share, based on the company's lower expected tax rate. Maintain Buy rating and $30 price target. Jabil Circuit (JBL / NYSE) NEWS JBL reported second quarter earnings of 8 cents per share, versus the Street forecast of 7 cents. Last year, the company earned 21 cents. Revenue for the quarter was $822 million, compared to $1.2 billion for the same period of fiscal 2001. Looking into the third quarter, the company sees revenues in a range of $825 to $855 million, and corresponding cash earnings of between 11-13 cents. For full year 2002, the company anticipates full fiscal year revenue to be on the lower end of its guidance of $3.5 to $4.0 billion range, with cash earnings of 45-50 cents per share, versus the estimate of 45 cents. Jabil Circuit (JBL / NYSE) Dain Rauscher Cutting 2002 EPS estimate to $0.45 from $0.48 over concerns stemming from OEM pre-releases and lower guidance for June quarter. Jabil Circuit (JBL / NYSE) Prudential Securities Raising our EPS estimates, but keeping them below the company's guidance. Also reducing our price target to $21 per share, as we believe JBL is too optimistic about its earnings leverage. Maintain Hold rating. Jabil Circuit (JBL / NYSE) Weisel Partners We are reducing our 2002 and 2003 estimates to reflect current conditions. We are maintaining our Strong Buy rating and increasing our 6-12 month price target to $30 (from $29), which is 30x our 2003 cash EPS estimate of $1.00.