Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: riposte who wrote (3309)	3/19/1998 6:56:00 PM
From: WTMHouston	Respond to of 6317

Here is another downgrade that came out yesterday....I don't remember seeing it posted... Troy RESEARCH ALERT - Electronics companies downgraded NEW YORK, March 18 (Reuters) - Schroder & Co said it lowered its ratings on Jabil Circuit Inc. [JBIL] , Benchmark Electronics Inc. [BHE] and Plexus Corp. [PLXS] , all to neutral from buy. Schroder analyst Stephen Worobel said he downgraded the three companies following Jabil's announcement that its operating income will fall over the next two quarters, due in part to decreased demand. Worobel said the rest of the electronics group, which includes Benchmark and Plexus, may be hit by similar problems. He lowered Benchmark's target price to $26 from $33. Benchmark was off 2-5/8 at 24-3/8 in afternoon trading. Plexus was off 1-1/16 at 19-1/4.