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To: Return to Sender who wrote (36526)3/22/2002 12:17:21 AM
From: Johnny Canuck  Respond to of 68042
 
>>Are you are looking for both increased revenue and
>>earnings projections?

It is not a prerequisite, but it is important to note that this company will have beat EPS next Q through additional cost cutting and improve efficiencies as opposed to growth in their business segments. It means they are still going through some re-structuring as opposed to a business that is getting more product wins or ramping a new product in high demand. I'll put an asterick beside the company. There is slightly more perceived risk in JBL's situation. It is still probably alright. Since the gross margins are typically thin, I would have perferred to have seen improved gross margins due to increase sales and volumes that reduced their fixed cost as a component of sales.

I will include the companies that are only raising EPS, but we need to put a notation beside those companies as their businesses may not be growing.

Back later.



To: Return to Sender who wrote (36526)3/22/2002 1:00:35 AM
From: Johnny Canuck  Respond to of 68042
 
Case in point. This is a problem and the part of the reason for the raised EPS with lower revenue.

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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