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

To: Harley Morgan who wrote (2327)	12/19/1997 12:11:00 PM
From: William T. Katz	Respond to of 6317

Given that the most of JBIL's revenue is from 3Com, CSCO, HP, and QNTM, the feeling is that the first 3 will have problems and this should impact the growth rate. QNTM's tape drive business still looks solid but some have questioned its growth rate (still 30+% by most estimates). I took yet another loss on this stock. I think I'm going to tone down my whole market investment strategy given the rising "Bear" sentiment not only for now but for 98 as well.

To: Harley Morgan who wrote (2327)	12/19/1997 1:57:00 PM
From: prakash	Read Replies (1) \| Respond to of 6317

The open interest on JQBMF is 92 as of yesterday. The volume today is about 742. If someone was bearish about this stock he could have bought these options yesterday at 1/2. Either this person was short on JBIL and wrote covered put (Fenton, was that you?) and collected the premium or somebody wrote naked puts by either saying this stock is not going to 30 or by saying I'm interested in picking up this stock at 30. Eitherway he wanted to make some quick buck with today's market action and JBIL's quick drop. I guess this is only bullish sign on JBIL. JMHO Prakash