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

To: Toby Zidle who wrote (2947)	3/11/1998 12:26:00 AM
From: axle	Read Replies (1) \| Respond to of 6317

Hi, I liked your post. So it is all relative. Compare Jbil to SLR, about the same price with Jbil growing faster at a lower P/E. That is part of investing, find where the market is wrong and it will soon correct. I think the mentality that because of an slowdown companies won't use contract manufacturing is wrong. Companies save money doing it and they are not gonna pass on saving money because it is slow. JBIL sucks as a stock however because of the MM. He plays with the stock a lot and there is a lot of shorts playing this. As a company I think it is a good company and relative to this market and it's sector miss priced. Like to hear your oppinnion Good Luck.

To: Toby Zidle who wrote (2947)	3/11/1998 8:27:00 PM
From: Richard Haugland	Read Replies (2) \| Respond to of 6317

If I choose to keep money in a loser that never moves and have 'dead' money, I need to reexamine my approach to investing. I agree with this sentiment (and strategy). Unfortunately, the day after I sell these "losers" they always seem to become winners. I think I'll start by selling half of some losers, even thought the IRS has given me seemingly unlimited future tax credits for losses last year. All of a sudden today I am completely out of 5 of my holdings that have appreciated during the week (NETA, SUNW, EFII, AFFX, PDS) but, of course, kept my "losers" such as JBIL (bought last Friday at 44 1/2 and 44 3/4 and Monday at 40 1/2, although the "Monday" stock went Tuesday at 42). At this point I am betting that cash may be a useful investment in the next couple of weeks of warnings season and that I will be able to get back into some of these stocks lower. JBIL is a tough call. Earnings could drive it way up or way down. If this looks questionable yet before the announcement then I may apply the "sell half -- keep half" philosophy here too. AT will remember the lesson of the high volume of PUTS immediately before the demise of Applied Magnetics (APM) last fall. PUTS are ominous to me, even if someone is just trying to make a few (thousand) bucks.