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


To: AlienTech who wrote (3405)3/25/1998 10:45:00 PM
From: _scott  Read Replies (1) | Respond to of 6317
 
<<... am making a few 1/4 ers here and there just trading it back and forth>>
How do you make a 1/4 play ?
Do you mean sell 1/4 when it's high and
buy it back when it's low ?
Thanx
Scott



To: AlienTech who wrote (3405)3/26/1998 12:28:00 AM
From: AHMAD AFTAB  Read Replies (1) | Respond to of 6317
 
I am surprised to see JBIL trading at 17 times EPS with growth rate of 35% after lowering the estimates.This stock should have been trading at 65 had the warning been issued in a different manner. You absolutely right about staff members buying at these lower levels. Given the bright future outlook for contract manufacturers the staff members probably know that this is a bargain at $32. After looking at the chart I am convinced that this sector is going to be hot in the near future. I am definetely going long on JBIL tomorrow.