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


To: ccryder who wrote (2372)1/6/1998 12:07:00 AM
From: gs  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. <<

It has nothing to do with professionalism. Ask 10 Wall Street guru and
all of them will have different opinions. Feltons are 11th ones.

"They" know that GBIL will go up to 55 and after that back to 30.
They are buying $40 calls and selling short. Come on!
Why does he need to tell you about it? Actual professionals would never do that.
But loosers who do not see any other way to get there money back will.

His main point is the margins and limited number of customers. But may be that is the reason why the stock is down from almost 70 to 41.
Nothing new. There is some risk involved in their business like in any
other. But JBIL had the same risk 1,2,3 years ago as well. Does it necessarily mean that
the stock should go to 30 through 55? Sound ridiculous but you call it professionalism.

Just be more patient and intelligent and do not listen to loosers.