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

To: 18acastra who wrote (2305)	12/18/1997 4:15:00 PM
From: BenYeung	Respond to of 6317

18acastra, obviously you are new to this thread. I have been telling the Richard Ney's theories since #900 and #1000 posts. For more detailed info, just go to my old posts. You serious think that Market Makers/Specialists take the risk of doing the transaction while taking no interest in the stock??? If risk and return go hand in hand, MMs should make a big return. If they only act as the middleman, a 1.5 million (more or less) dollar for the price of the seat on the NYSE is ALOT for being the middleman (s). By the way, have you EVER seen a job listing: "Specialist Needed! 100% plus on your capital. Will train."????? Only someone who has been working with a specialist/MM will be a specialist/MM. I have SEC documents (from the 1963 Investigation) backing it up. Go check it out if you want. Funny thing is that SEC are cousins to the Exchange. SEC is definitely investigating the wrong insiders. As far as JBIL listing on NYSE, I would say that it would be the worst idea. There is ONE specialist on JBIL(or it will be called JAB or JC..) verses MULTIPLE market makers. That kinda monopoly power is far worse. In 1971, the usual specialist made 110% on his/her trading capital. That is before counting in commissions and the gravy train "investment account." They might make more now. I guess that they have to keep their profession and their income low key to avoid public attention. How about a 7 year plan to become a multimillionaire??? You dont have to listen to me, a 22 year old who happened to stumble upon Ney's book by pure accident. I am pretty dumb actually. I cant read or write...I can only type :) Listen to Richard Ney if you want, who have been in the market before I was even born and still use the same theory. A Golden Rule: If something doesnt sound logical, it is probably not. The traditional view of the stock market just does not make any sense. If supply and demand constitute the rising stock prices, then there had to be a top for every stock considering the demand will meet the limited supply (Shares in float is fixed). If "human greed" is part of the stock market transactions, then the higher stock price is then possible.