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

To: gs who wrote (3392)	3/24/1998 9:26:00 PM
From: Michael Anthony	Read Replies (3) \| Respond to of 6317

If anyone makes money buying JBIL in the low 30's now, it will be in the short term IMO. I like JBIL also, but I'm more concerned about a market downturn in the coming weeks or months. I'm holding only a core position now, but I won't add shares again until the next market downturn. I don't know what the price will be then, but I suspect it is going to be sooner than later so I want some under 30. I'm not going to rush in as I have so many times before, at new market highs, thinking I've gotten a bargain because "it can't go any lower". If I'm wrong, I've got the core and I let it ride alone. I can handle that. If my gut is right, I'll be able to use my dry powder to much better advantage. And when the cycle turns positive again, I'll reap the rewards of patience. JBIL long, but market wary for the time being.