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

To: Ajay who wrote (2370)	1/5/1998 2:56:00 PM
From: Rob L.	Respond to of 6317

Ajay, Fenton just doesn't have his head screwed on right. The only stock that I can see that he made any money on was JBIL and the stock soared big time before it finally came down. He could have shorted at much higher levels than what he did. Also his buy of PSIX at 8-8 1/2 is a big loser (now at 5) as is his short of AOC at 50 (now at 57). He is doing worse than a monkey or dartboard which usually will be right 50% of the time.

To: Ajay who wrote (2370)	1/5/1998 4:03:00 PM
From: ccryder	Read Replies (1) \| Respond to of 6317

I hope I didn't come across as attacking Fenton. I respect him for reporting on his moves in a professional manner. He explains why the market is reacting like it is. I just wanted to caution people on how the market in JBIL has been working. The market is often wrong in interpreting news, like the COMS inventory "problem", the SEA problems relating to Jabil, and last summer when the "30 percent growth" cautionary statement was ignored in June only to have a profound negative effect when it was reiterated the next earnings report. The stock retailers, market makers, etc will use what ever interpretation suits their purpose to push or buy the stock. The errors in the market reactions create opportunities for the contrarian investors. I have made some good money investing and trading Jabil using my own analysis of market conditions. And I am still long.