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


To: Asymmetric who wrote (6212)6/21/2003 2:00:13 AM
From: maroon  Read Replies (1) | Respond to of 6317
 
Hi Guys,

I agree with your analysis, but ....

Bush Jr. knows why Bush Sr. lost second term ... the ECONOMY

He will do all in his power to prop it up going into next year

I want to sell and not beleive the hype about the soon to come turn around, just like when the internet startups were valued more than Ford and GM

stuck sitting on the fence



To: Asymmetric who wrote (6212)6/23/2003 3:10:47 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 6317
 
Hi Peter, We were able to let an additional 5% of our JBL holding go late last week at $25.50. Although the cash reserves aren't exactly bulging, they add a certain comfort at this time.

My core position is still in place and I plan on continuing to capture some of the volatility profitably by trading around that core as time goes forward.

Yes, I guess your advice was "sage" as of last week to Maroon. Already you've saved him about $2.50 from where I last sold. My own methods will require the price/share to drop to about $19 before I'll risk the cash again in the market.

I think it could be quite a time before we see any significant break-out in prices of general stocks. If the market remains in a trade range as it has been since last year, I can still harvest some profits from it. Your words of caution are valid. Riding coat tails of rising stocks is going to be a dangerous pass time for investors for a long time to come.

Best regards, Tom