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

To: Rob L. who wrote (2278)	12/18/1997 10:36:00 AM
From: Rob L.	Respond to of 6317

Gap at 39 just filled. Market overall is very weak so this could go down further. However, technically, the stock has just gained some added stability. Buyers should now feel more comfortable. I wish I had more cash to buy in here. Volume on JBIL is low relative to last couple of days so it's not like it's a stampede out as much as it was to rush back in. Fenton, when are you looking to cover?

To: Rob L. who wrote (2278)	12/18/1997 10:57:00 AM
From: moose	Read Replies (1) \| Respond to of 6317

Fenton, I like to short stocks too but I would stay away from JBIL now! There are much better shorts out there like ADTN and INTC, boh just recently broke support levels and I'm looking for them to go down further in the near term. Yes, JBIL filled the gap but looking for continuing weekness due to MSFT and INTC. Looking to go long some time next week but still holdinng on to my losing Dec 40 calls. Good Luck and beware Fenton!