Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: BenYeung who wrote (2333)	12/20/1997 5:55:00 PM
From: kolo55	Read Replies (1) \| Respond to of 6317

Analyst comments on Jabil this week after earnings. The following comments were made this week: Also on the upside, computer motherboard maker Jabil Circuit jumped 3 1/2 to 41 1/2 on UBS Securities upgrade to "buy" from "hold." BancAmerica Robertson Stephens analyst Keith Dunne maintained his "buy" rating on Jabil. He said the electronics manufacturing services, or EMS, industry, is seeing increased outsourcing business from its customers, even as the production of PC and communications-related equipment is falling off a bit. Dunne also said Jabil is barely affected by the Asian dilemma, since "only about five percent of sales are ultimately sold to Asian customers ..." The analyst said a 35-percent end-market demand decrease would "only depress Jabil"s sales by $25 million." -0- Copyright 1997 The Content Factory Also in the 3Com conference call, I understand that 3Com indicated that the bulk (70%)of their one time adjustments to the inventory channel had been done in the quarter just ended. Since 3Com's business with Jabil apparently just hit a record amount in the just completed quarter, this augurs well for the next quarter and subsequent quarters. The margin and pricing problems 3Com has experienced with modems and NICs doesn't impact Jabil at all, since Jabil doesn't make these products. Its now looking to me like the stock price of 30 that we saw this week, won't be seen again. BTW- I think your view of the market is nonsense. You have a lot to learn. You said: Dont try to guess whether if it was put seller/buyer/covering positions. You never know if the roller will roll a 7 or not by just looking at the bets on COME LINE and the bets on 7. Chill out on that. JBIL is a high roller, stick around. I said "I know" why- then I know. If I was guessing, I would say "I guess". I KNOW the seller. To you the market is gambling, to me it is investing. The quote you have on your profile is WRONG. The market is not a zero sum game, for every winner there is a loser. This may be true in a narrow sense for futures or options, but is NOT TRUE for stocks. Stocks have historically returned over 10% per year because the companies they represent add value to society and increases the amount of wealth for everyone. Paul