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

To: solderman.com who wrote (2152)	12/16/1997 12:11:00 PM
From: Rob L.	Respond to of 6317

Richard, you are right, I am wavering right now. I am think more along the lines of a trading buy. However, if earnings and Sansone's comments suggest optimism, then i see no reason not to jump back in. Unlike the previous gap at 35 (which has now been filled), there are no more gaps to be filled. The ST downtrend was broken today and the stock appears to have stabilized. Long term support was and still is at around 22. It looked like that is where the bottom would have been if the downtrend continued. With the downtrend now broken, stock may either base in here or proceed higher. It still is very risky.I would buy purely to take advantage of an earnings move. Long term stock looks fine. ST and MT still some volatility expected, but can be great opportunity for profit.