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

To: Michael Anthony who wrote (3216)3/17/1998 6:27:00 PM
From: WTMHouston  Read Replies (2) | Respond to of 6317
 
SLR is down from 49 and change a couple weeks ago, so it's not like they haven't been hit either....they are not down as much, IMO, because they are bigger...their sales are 4x JBIL's, but their market cap was only 3x JBIL's.....sector leaders tend to not get hit quite as hard...

Troy



To: Michael Anthony who wrote (3216)3/17/1998 8:43:00 PM
From: casey (guessed password)  Respond to of 6317
 
Micheal - In answer to your question, and it's only a guess: I think a lot of people made some very nice gains in JBIL's recent 20 point move and are all too happy to sit on the sidelines and wait until the dust settles, especially before earnings are announced. They are the same people who 'pushed' it from 35 to 55, which we now see in hindsight, was unwarranted. - They'll be back. - Happy St Paddy's Day.

(By the way, I have NEVER owned JBIL.)

Casey


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