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

To: Sonki who wrote (3119)	3/17/1998 3:16:00 AM
From: AlienTech	Read Replies (1) \| Respond to of 6317

>>jbil closed at 55 on the last day of the qurter. Now that they have had 14 days to count ...the stock is at 40. what do you think?<< Well what can i say, JBIL is my largest holding right now, There is risk for the next 6 months. So I bought 4k shares today guess I could have bought the calls and 40 mar 40 puts. Max I can loose is 3 1/2 points if it realy tanks and my average price is 43 1/2. If JBIL does anywhere close to as good as SLR I think we could see the high 40's easily and if they do really bad I will cash out the puts and hold the shares for a while. So instead of going for the big bucks by just buying calls I decided to hedge, since in the long run outsourcing is the way to go and has a lot more potential next to networking and telecommunications but its a lot more visable due to the problems inherent in manufacturers like CPQ GTW etc.. Sorry dont have a tatoo.. But I'll show you mine if you show me yours..