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

To: Winstonwolf who wrote (2523)	1/21/1998 3:16:00 PM
From: Rob L.	Read Replies (1) \| Respond to of 6317

what do you mean by "short selling rally"? Do you mean short covering? Ben, how would you interpret this move. A sucker's rally? Looks like a rising tide lifts all boats. SANM +8, SCI +1.5 JBIL +5. In any case, it is about time this stock awoke from the dead. reminds of the good old days of last summer! I think some of this has to do with the SANM earnings which is being exacerbated by short covering. The bad news is that there aren't that many shorts. About 1-2 days of good volume and he shorts can be quickly eliminated.

To: Winstonwolf who wrote (2523)	1/21/1998 6:02:00 PM
From: t36	Read Replies (2) \| Respond to of 6317

wow, nice day today in a tough market..why the pop?? any answers or ideas are welcome sue

To: Winstonwolf who wrote (2523)	1/21/1998 10:57:00 PM
From: Winstonwolf	Read Replies (2) \| Respond to of 6317

Additional chart work tonight after today's encouraging price movement and close. Optimistically it looks like a reversal occured on 12/15 with the low of 1/12 confirming a 30 degree positive correction in the support line. The support/resistance lines run out to the end of the month at approximately 32 1/2 to 45 respectively, with resistance right under 50 at Feb options expiration. Also, if we continue upward, we stand a very good chance of seeing the 50-day moving average rise above the 200-day line in the coming weeks which would be very favorable. Now I'm getting carried away.