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


To: Rosemary who wrote (3151)3/17/1998 3:59:00 PM
From: prakash  Read Replies (2) | Respond to of 6317
 
Here we go again, I bought more at 41 and before I blink the stock is now down to 39 1/2. Oh well, what's new..



To: Rosemary who wrote (3151)3/17/1998 4:12:00 PM
From: Douglas V. Fant  Read Replies (1) | Respond to of 6317
 
Rosemary, Sorry to hear that! Keep your fingers crossed on the earnings- muy hunch is that things are not bad in the ECM sector currently... Also check out oilfield service stocks too for a group that has been "slammed" over the last five months and particularly in the last ten days, as another source for purchase of stocks/options....

We will be in a "tug-of-war" between Asian slowdown causing pricing/margin issues while the growing trend to outsource volumes of production to ECM's should make the ECM's facilities run closer to full capacity and therefore more inexpensively....One factor hurts prices, the other cuts costs of production- my guess is that they will be a "wash" and ECM earnings will generally hold up...

We'll see shortly I guess.... As a new person here, it seems that JBIL sure hangs tenaciously around the $40/share area does it not?

Sincerely,

Doug F.