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

To: Rob L. who wrote (2512)	1/20/1998 5:21:00 PM
From: Harley Morgan	Read Replies (1) \| Respond to of 6317

Sanmina News may be shot in the arm for Jabil (see below). Zacks was carrying an earnings estimate of 0.66 for the quarter. Sanmina's earnings were 0.73(basic) & 0.63 (diluted) before NRI merger expenses of 0.10. 27% revenue growth. 23.7% increase in earnings. 0.5% increase in operating margins to 15.2%. Looks like the ECM business continues to hum. Company Reports Record Net Income Before One-Time, Merger-Related Expense SAN JOSE, Calif., Jan. 20 /PRNewswire/ -- Sanmina Corporation, (Nasdaq: SANM) a leading electronics contract manufacturer, today reported sales and earnings for the first quarter ended December 27, 1997. Sanmina's results for the first quarter ended December 28, 1996 have been restated to give effect to Sanmina's merger with Elexsys International, Inc., which was completed in November 1997. First quarter Fiscal 1998 highlights include: * REVENUES INCREASE 27 PERCENT VERSUS Q1 1997 * RECORD DILUTED EARNINGS PER SHARE OF $O.63 EXCLUDING MERGER EXPENSE OF $0.10 PER SHARE * INTEGRATION OF ELEXSYS ESSENTIALLY COMPLETE