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


To: John Morelli who wrote (3423)3/27/1998 12:33:00 AM
From: AHMAD AFTAB  Read Replies (1) | Respond to of 6317
 
John this is the loneliest site on SI. It seems like all the posters on JBIL have sold out and moved on to do better things since there is no price movement in this stock. Just look at the volume today not even 500K. Someone mentioned that JBIL will move after the end of quarter window dressing is done with. IMHO JBIL is dead money until there is any direct or indirect news to bring the investors back and that could take weeks. IMHO this stock is seriously undervalued given the high growth rate and very low earnings multiple. Management's vague profit warning for next 2 Qs' has't helped much either. Tomorrow we could see 30(many investors don't like to hold positions over the weekend) before recovering to mid 30's by end of next week.
Of course this just MHO.



To: John Morelli who wrote (3423)3/27/1998 1:00:00 AM
From: Lawrence Burg  Read Replies (1) | Respond to of 6317
 
Just a quick look @ TA for Secret Squirrel. Actually showing some pretty positive indicators. Most prominent is combined stoch, which has all short term stochastics converging between 0-10. Fairly neutral on OB/OS.

Have no idea on fundamentals. Do see some interest/mentions on momentum threads. Do a full text search & buck up. LB



To: John Morelli who wrote (3423)3/27/1998 1:37:00 AM
From: C.C.  Read Replies (2) | Respond to of 6317
 
I think this is as close to a bottom as you could expect to time for this stock. I think this is an easy double in a year from these levels. Some say it is dead money for a while but I would take a 100% yearly gain on any investment. This could turn out to be an understatement very easily. I feel management was being very conservative in their warnings during earnings which could set this up for an upside surprise next report. Management may have realized this time that "working more closely with analysts" is not the way to go - and to under-promise and over-deliver (like Microsoft does all the time). Outsourcing is going to be the way to go for these large companies that won't want to keep a lot of inventory to drag down their profits. JBIL has some serious support around the 30 level so unless the market tanks I don't see them getting into the 20's. If they do...average down!

C.C.