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: 18acastra who wrote (2935)	3/10/1998 5:39:00 PM
From: Hector	Read Replies (1) \| Respond to of 6317

I think what Ben is suggesting is that MM's can sell or buy on the margin like in "selling begetting selling" and the reverse. In the long term you're right, that supply and demand determine price, but in the short term price can be manipulated. Take a look at YHOO and AMZN to see what I mean. Stocks that make no profits don't move ten points up a day based on fundamentals. They move on short squeezes and in the future will move down on panic selling. BTW, the chart on JBIL doesn't look so hot. I would say that this stock will bottom at 30 fairly soon. It would appear that the troubles at INTC and CPQ indicate problems for JBIL and the other ECM's. Dave Dave Dave