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

To: prakash who wrote (2796)	2/26/1998 6:38:00 PM
From: prakash	Respond to of 6317

As I guessed the move was because of the RS conference. Here it goes: Jabil Up 12%; Co. Continues To Tell Bullish Story NEW YORK (Dow Jones)--Jabil Circuit Inc. (JBIL) continues to tell a bullish story at conferences with analysts and investors, but analysts couldn't point to any specific news behind the stock's rise of nearly 12% Thursday. Jabil was at the BancAmerica Robertson Stephens Technology Conference Wednesday. Among other things, the designer of circuit boards for electronic equipment said it expects its customer base to expand because of the company's additional capacity. Keith Dunne, who follows Jabil for BancAmerica Robertson Stephens, said the company did not forecast any quarterly financial results. However, the analyst said Jabil has not yet felt any pricing pressure in Asia and, in fact, may see its costs decline as a result of the financial situation in that region. Jabil officials weren't immediately available. Shares of the St. Petersburg, Fla., company recently stood at 53 1/2, up 5 9/16, or 11.6%, on Nasdaq volume of 2.4 million shares, about twice the daily average of 1.2 million shares. The stock improved 1 13/16, or 4%, Wednesday. Other companies in the same sector that presented at the conference were also climbing. Plexus Corp. (PLXS) added 1 1/4, or 6%, to 21 7/16, and Flextronics International Ltd. (FLEXF) improved 3 5/16, or 7.4%, to 47 15/16.

To: prakash who wrote (2796)	2/26/1998 6:39:00 PM
From: Boplicity	Read Replies (1) \| Respond to of 6317

last news I have is this Jabil Circuit <JBIL.O> seeks to diversify products TAMPA, Feb 23 (Reuters) - Jabil Circuit Inc, a maker of circuit boards for computers and electronics companies, hopes to continue its diversification of customers and products, Chris Lewis, the company's chief financial officer, said on Monday. "We see long term growth opportunity in wireless communications and wired telephony," Lewis said at an investor forum sponsored by the Tampa Bay Business Journal and Robert W. Baird & Co Inc. Lewis said Jabil had gone from four major customers in 1994 to 16 in 1998. Its major customers include 3Com, Gateway 2000, and Hewlett-Packard. Lewis said the company now has about 50 percent of its revenues from communications businesses, compared to 50 percent from the personal computer business four years ago. He said Jabil offered design and engineering expertise as well as a unique management style. "We organize the company around the customer," Lewis said. Lewis said that any financial problems in Asia were likely to only have a minor impact on the company, since only six percent of its revenues were derived from Asia. "In the short term, it is not significant," he said. Jabil is based in St. Petersburg, Florida. 21:00 02-23-98