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


To: prakash who wrote (2038)12/16/1997 2:35:00 AM
From: Asymmetric  Read Replies (2) | Respond to of 6317
 
Hang in the Prakash. Unless you are up against
the Margin demon, there is no reason to sell
Jabil here, or at this price. Putting money
in a stock is ultimately a bet on a company's
management, and Jabil's is excellent - the
proof is in the numbers. That is fundamental.
As we've all experienced, the technicals swing
based on people's perception. To sell now is to
bet against Jabil's/& ECM sector fundamentals,
and to bet on negative subjective perceptions.
These stocks are beaten down to where they
represent good value. IMO the sector has
bottomed here. Good luck. Peter.