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

To: prakash who wrote (2719)	2/10/1998 10:39:00 AM
From: Rosemary	Read Replies (1) \| Respond to of 6317

Real time quote 48 1/4 heading back up.

To: prakash who wrote (2719)	2/10/1998 10:43:00 AM
From: Boplicity	Read Replies (1) \| Respond to of 6317

prakash, I beg the differ, if general market conditions stay positive, I feel JBIL will not be starting a meaningful down trend, possible consolidation (side ways movement) maybe, but no significant down trend will occur. Why play games if your long term holder? Greg

To: prakash who wrote (2719)	2/11/1998 4:00:00 AM
From: Asymmetric	Read Replies (2) \| Respond to of 6317

Prakesh - my two cents: don't underestimate the current rally in the stock market. First there's still tons of disbelievers and money sitting on the sidelines. Lots of money managers/big hitter investors went into cash and aren't back in yet, and as the market climbs they are sweating it more and more. Also, short interest is still pretty high, and those guys have to be sweating it as well. With the DOW breaking a new high today, that's technically very bullish. The selloff in Jabil was mild and sector wide and probably tied to the IECE announcement that they weren't gonna get paid by one customer who was going to go bankrupt (chap 11), and then their top customer was cutting back orders. (some days it don't pay to get up in the morning!) Anyway on previous selloffs in Jabil - money flow was negative and as it approached the neutral line it would touch and then dive down again. On this recent rally, as Rosemary pointed out money flow is positive again - it has CROSSED the neutral line for the first time in months and is still showing a positive trend line...which to me says this rally in the stock is real. Peter.