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


To: contax who wrote (2989)3/12/1998 9:05:00 PM
From: Muhney  Read Replies (1) | Respond to of 6317
 
I don't want to rock your boat but....
Do you really think any individual at JBIL bought 360 million dollars worth of stock? I understand that insiders may have bought some stock but almost 9 million shares?
I am very much a Bull...but somehow the calculations don't look right.
I would venture it has something to do with some other financial dealing. Just my opinion.

Muhney



To: contax who wrote (2989)3/12/1998 10:16:00 PM
From: Rosemary  Read Replies (2) | Respond to of 6317
 
Karim,

They are still questioning, and debating the issue over there on Yahoo. They are also questioning if the split had anything to do with it. Which I don't think so, since she didn't own that much in first place. And why aren't you there giving them insight to what you found?

To be honest with you, I think Yahoo has everyone that used to be here posting over there. Some of that language I can do without.

I do believe that the numbers increased and that is very telling for this upcoming report. BTW, your find, made my week!! Thanks again.



To: contax who wrote (2989)3/12/1998 10:52:00 PM
From: AlienTech  Respond to of 6317
 
>>Since the 13G filing is dated February 16th. 1998, therefore, in little over two months the insiders increased their stake from 47% of the outstanding to over 65% of the common! Pretty bullish, don't you think?<<

No this aint good!
Others thought the same thing hence why we got the spike UP in price. There is major dilution in shares here and that is why the price is where it is now. This has nothing to do with the what we thought off as first ie missing numbers, and most likely they will due to the increase in shares. A lot of fund managers also bailed as it looks like after understanding what was going on.