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

To: Dr. Doktor who wrote (2474)	1/15/1998 12:33:00 AM
From: Jet.Screamer	Respond to of 6317

The reality is that Fenton does not discuss he only makes statements that are in no way based upon fact or knowledge. Unfortunately for this thread too many people get sucked into responding to Fenton when he is not worth paying any attention to. Although he has been correct on the price movement of Jabil you could have picked just about any tech stock four months ago and said it would fall no matter what the reason was for your prediction and you would be right. I could just as easily take one of Fenton's picks PSIX and make statements similar to those he has made about Jabil. PSIX only provides a commodity service-internet access. They can't compete with AOL since AOL provides more than just internet access for the same fixed cost to the consumer. What happens when AOL decides that they want more of the market and lowers their access fees? PSIX's margins will/are shrinking. Look at the REITS that lease to PSIX what do you think they are thinking. Don't even respond to Fenton because it just degrades this thread. The reality is that Jabil is down considerably from its high and many investors who bought have gotten burned and are not going to jump in and stay long but rather are going to take quick profits by jumping in and out. It will take some time for Jabil to recover from its fall, no matter how unjustified it has been. If you want to play the volatility in Jabil it will probably work for a while but there will come a day, assuming the fundamentals have not changed, when it will go up and stay up. Remember it is still twice the price it was a little more than a year ago.