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


To: Rosemary who wrote (2842)3/4/1998 10:26:00 PM
From: contax  Read Replies (2) | Respond to of 6317
 
Rosemary,

Last year Intel announced a warning on May 29th. and the next day the whole tech sector tanked. Jabil, which was to announce it's earnings in about two weeks, also went down but recovered and went on to make new highs and then of course they announced gangbuster earnings and a stock split, and the rest is history!

Here is the link for historical pricing:

tradepbs.com

Regards,
Karim



To: Rosemary who wrote (2842)3/4/1998 10:36:00 PM
From: Hector  Read Replies (1) | Respond to of 6317
 
Hi Rosemary,

FWIW, it's been my belief that we are at the tail end of a great
mania. If I am right, you'll know it by the buying that comes in after the decline tomorrow. If it's weak, and the market continues
down after that, it would be prudent to trim your longs and if so inclined to go short. Think of INTC's warning as the needle that pricked the bull balloon.

Regards,
Dave

P.S. Don't get confused by fundamentals. Human psychology drives the
markets. It's about greed and fear. It appears from reading some of these threads tonite that fear is taking over.