Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Dr. Doktor who wrote (2883)	3/9/1998 9:41:00 AM
From: Michael Anthony	Respond to of 6317

Saw that news on CNBC just before the open. I sold on that and what I smell to be a correction soon. Too many warnings from the bigger companies. JBIL may do OK this quarter when they announce, but forward could be weak as contractors decrease orders. Looking to get back in on any dip into the 30's.

To: Dr. Doktor who wrote (2883)	3/9/1998 10:44:00 AM
From: John Morelli	Respond to of 6317

I wonder if the changed rating is due to the significant price appreciation it has experienced in the last 90 days. It hit a low of $29 some time ago. At least in the short run its reasonably fully valued. Viewed from a longer term perspective (i.e., longer than the next six months) its a great company and therefore still a good buy.

To: Dr. Doktor who wrote (2883)	3/9/1998 10:50:00 AM
From: gs	Respond to of 6317

JBIL is an interesting stock. SLR is downgraded, but JBIL dropped more: SLR -2 1/4 JBIL -2 7/8

To: Dr. Doktor who wrote (2883)	3/9/1998 11:05:00 AM
From: Ben Nildus	Read Replies (1) \| Respond to of 6317

Solectron report next Monday, March 16th after the close and we will know the full story then but it looks like it has something to do with the following. Computer Makers' Inventory Levels Swell techweb.com . Compaq has 20 times more Pentium and Pentium Pro desktop-PC inventory than Hewlett-Packard, and five times that of IBM, according to spot checks of seven distributors' online systems. More specifically, Pentium and Pentium Pro desktop-PC inventory from the spot checks indicate HP has approximately 9,500 units in stock while IBM has 46,000 desktops. Compaq, by comparision, has 200,000 units. . Wall Street's wrath has been swift. Financial analysts from Merrill Lynch and Salomon Smith Barney downgraded Compaq's rating last week in response to reports of building inventory levels in the channel. PC Inventory Blip Causes Intel's Problems techweb.com