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

To: Rosemary who wrote (2665)	2/8/1998 3:27:00 PM
From: Fenton White	Read Replies (1) \| Respond to of 6317

Near time to sell large blocks short again. Rob Doc Rosemary we are hoping that a strong buy is put on JBIL for the next short cycle. Some months ago we targeted 55 per our posts as the top. We are starting the same short cycle of selling short and buying puts as collars. Our target is 25 to 30 again. FYI we are also established short in CDX. Huge price multiple 80x. No dividends. They are using EBDDT instead of GAAP to report. Actual earnings were .07 instead of .15 . This has all the potential of Orange Co derivatives. The primary investor is California Public Employees Retirement 783 million dollars. Their position is probably worth 1/3 of that. When they wake up this stock will sink like a rock.. The Natural resources division is all messed up and the head of that division left. Regards, Fenton