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


To: Tom Latham who wrote (2453)1/14/1998 7:40:00 AM
From: Rob L.  Respond to of 6317
 
I think you are correct Tom. I am a long term holder of JBIL, but I know how momentum and short-termer think. It is very dangerous to hold through an earnigns report as big as INTC. If they had not come in good, you would have seen the tech sector get walloped and most likely JBIL would be much lower then 34. So they get out and now that INTC has produced a stellar report, they will rush to get back in. I think you will see JBIL regain what was lost yesterday and then some. People keep trying to dog JBIL, but it keeps surviving. Despite all the negative press surrounding the tech sector, there has been no substantive negative fundamental news that will directly/indirectly negatively affect JBIL and its earnings. This is a buying opportunity!