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


To: Charles J who wrote (3244)3/18/1998 12:10:00 AM
From: Michael Young  Respond to of 6317
 
<<The release is causing nothing but confusion at best. >>

There is no confusion. JBIL growth is slowing, and there will likely be major downward revisions in estimates.

The big money and sponsorship is now fleeing this stock. The naive bulls will now be holding the bag. They know the party is over, but are emotionally attached to the stock.

Congratulations to those who discovered this stock in 1996 and early 1997. I bet those guys have moved on to the next great stock performers.

MIKE