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

To: prakash who wrote (2373)	1/8/1998 9:04:00 AM
From: Fenton White	Read Replies (2) \| Respond to of 6317

Prakash and "others": The object of this game is to make money. I have the objective to cycle cash and grow a minimum of 100% every six months. My statement means that long term JBIL is still a great short play. I do believe that the market makers will push peaks to as high as 50-55 before another major tank.. Therefore, for me to maximize my returns I am cycling calls and selling short on peaks. I double my returns and cap any losses.. I sold JBIL short in bands from the 50s to 70. I continue to sell short in JBIL when it goes above 44. AOC is being positioned the same way. I am long in ABTE,PSIX,CMEL, REGL and TLSP and others. I would love to short or buy at the absolute top or bottom of a trading range and occasionally I hit them exactly. However, most of the investment bands are based upon 3,6 or 9 month targets and we try to step into and out of positions. This has worked very well over the past few years. I look at the stocks from a neutral position and form my opinions based upon substancial research and background. These positions and directions are reviewed at least once a month. When I review a position I clear to a neutral and take a fresh look at baselines and triggers. I hope this helps you understand my approach to this business. I am online live with DTN I trade my accounts online in partnership with my clients. I hope this clears up your confusion. Regards. Fenton