SI
SI
discoversearch

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: Scott D. who wrote (2486)1/15/1998 10:38:00 PM
From: Harley Morgan  Read Replies (1) | Respond to of 6317
 
Roger That on QNTM - Me Too! On JBIL, any ideas why the weakness to break this $34 basing. General market has moved some without help to JABIL and also SANM. Earlier reports from broker community and press was the excellent growth in ECM business.

Jabil is in a very good position with QNTM DLT, 3COMS (hubs, router and switches) and new Gateway business. All these are Growth areas and JBIL has demonstrated its ability to manage growth.

Any ideas why these founders are selling? My guess is they believe the GO-GO days are waning and the downside is just to risky in this market environment (read SEA).

But I think the plants overseas are going to prove good investments and will benefit earnings in the devalued currency environment. Any other guesses what's bothering the world!