SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?


To: Lee Martin who wrote (2802)2/27/1998 1:06:00 AM
From: prakash  Respond to of 6317
 
Jabil's performance when compared with other ECM companies:

techstocks.com

Prakash



To: Lee Martin who wrote (2802)2/27/1998 8:47:00 AM
From: Rosemary  Respond to of 6317
 
Hi Lee,

I'm wondering why you sold both JBIL and CPQ? I thought CPQ was a good buy yesterday. They always say there is too much product in their channels. Nothing new. They're still the number 1 company in the sector. They prove it every quarter.

I'm also wondering why you sold JBIL so early in the run? True the news is old, but you have to look at what their customers are reporting to see if JBIL's business will be strong too. GTW, CISCO and HWP had real good reports. HWP, so so with their printers.

I know that no one wants to face the issue that they may come in with what the CEO said will happen with this report. So say that actually happens, 52 cents. That would still mean the price of this stock was undervalued when it was in the $40's.

So you made a mistake, sold too soon, big deal, buy it back. It's only commission. I went back to look at the chart, a few times already,
and I found that after it moves up, it can go sideways for the longest time, then it takes off again. This happens when the price is in an uptrend. Like it is now. And we've just seen that happen again. So what's the worst that can happen? It can go sideways, no money loss, then take off. We are getting close to earnings so, time is of essence with your decision. What it will do after earnings are reported, is anyone's guess. Watch it a bit today to make your decision, just in case the shorts are coming in.