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: Pierre who wrote (2428)	1/13/1998 12:23:00 PM
From: Rob L.	Respond to of 6317

Pierre, Thanks. Did they cite a reason for the cut? Did they issue new numbers for earnings? If all they did was downgrade with no significant explanation, then be weary of their recommendation. They may be looking to force the price down to accumulate before a big run-up. I think Ben might back me up on that statement. Technically stock looks good. Last CC (mid- Dec), Sansone stated everything was on track and since that time I don't think anything significant has happened to change JBIL's fundamentals. There is a lot of time before the next earnings report and JBIL is not big on announcing news. Consequently, it leaves the field wide open for manipulation. The PE on this year's earnings is 17, well below the 30% growth rate. Buy on dips!