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


To: Rosemary who wrote (3308)3/18/1998 10:47:00 AM
From: riposte  Read Replies (1) | Respond to of 6317
 
Wednesday March 18, 10:28 am Eastern Time

RESEARCH ALERT - Jabil downgraded

NEW YORK, March 18 (Reuters) - Bankers Trust Alex. Brown said it lowered its rating on Jabil Circuit Inc. to market perform from strong buy.

-- No further information on the change was immediately available.

-- Jabil said its operating income over the next two quarters is likely to fall due to decreased demand and new-product transitions for existing customers.