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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector -- Ignore unavailable to you. Want to Upgrade?


To: 18acastra who wrote (1445)4/21/1998 4:23:00 PM
From: kolo55  Read Replies (3) | Respond to of 2542
 
I agree- market just 'loves' a winner.

Based on the strong move we've been seeing from FLEXF, looks like the next earnings report should be very interesting. And SLR strength is interesting. I agree JBIL should close the gap and trade at or above SLR price sometime in the next 6-9 months.

But these moves have me have me frozen a bit. Are these stocks the same stocks the market hated last month and last December? At the current prices, I'm sitting still on my investments, and letting my margin reduce as a percent of holdings.

Paul



To: 18acastra who wrote (1445)4/21/1998 7:39:00 PM
From: patroller  Respond to of 2542
 
Hi 18 AND Paul wow is right ,just got home from playing a little golf. yep the bad news is behind jabil and the good news is ahead ,my quess is that the next thing you'll hear is about some biz they bought,and maybe a new customer soon,the insiders have lots of stock they can see a good thing like the rest of us,days like today will make it happen all the sooner,I've held a little back but its coming out tomorrow,from here jabils gonna be a smash hit.I see 75=100 bucks by oct.jmho patroller



To: 18acastra who wrote (1445)5/7/1998 2:56:00 PM
From: kolo55  Read Replies (1) | Respond to of 2542
 
Good call on your Pair trade outlined in your post on 4/21/98.

Since then the spread between SLR and JBIL has narrowed from about 10 points to about 2 points.

Paul