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

To: contax who wrote (3089)	3/16/1998 5:03:00 PM
From: Rosemary	Respond to of 6317

Karim, Thanks, I didn't know they were expected to make .50 at one time. I don't follow them much. So that's the reason all the tentative buying in this sector because of their lowered expectations? Fooey. So CPQ warns and we'll all sell Dell? Of course not, you'd buy more Dell. Same thing here. SLR warns, buy JBIL.

To: contax who wrote (3089)	3/16/1998 5:30:00 PM
From: gs	Read Replies (1) \| Respond to of 6317

>>On SLR, the downgrade came with a lowering of earnings' estimate from 50› to 41› which they met today.<< Schwab actually shows First Call Estimate Trends and Revision Momentum Solectron 7-Day Ago Mean EPS 0.50 But they show First Call Estimate Trends and Revision Momentum Jabil Circuit Inc. 7-Day Ago Mean EPS EPS 0.58 That is not correct. JBIL did not have 0.58 estimate one week ago. Here is the comment to the downgrade: 3/9/98 12:25 pm... SOLECTRON (SLR 41-3/8) DOWN 2-1/4, MERRILL DOWNGRADES TO NEAR TERM ACCUMULATE FROM BUY... Analyst Jerry Labowitz tells salesforce recent announcements by major OEMs such as CPQ, INTC, MOT have provided more evidence that demand environment in electronics industry degrading... Appears that economic environment in Asia producing spill-over effects on demand, pricing in No. America... Also, pricing environment becoming tougher, inventory in channel becoming larger concern... Thinks EPS estimates could be at risk... Thinks, over next 12 months SLR will offer attractive price appreciation, but to lesser degree than expected./K.J.Wolfe Nothing about specific earning revision.