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

To: Dennis R. Duke who wrote (3844)	5/14/1998 5:52:00 PM
From: Dennis R. Duke	Read Replies (1) \| Respond to of 6317

That was a short holding period. I sold today's buy at $41 7/8. Ouch. But the problem was the other funding candidates were down worse this afternoon. Bummer. Is it possible that the option players are pushing this stock to $40 as a strike price? Could it be that the options player got surprised by the upgrades and will lose enough money if it were to close near $45 that they are working it? On a broader perspective, PLXS was down 1/2, or 2.1%, SLR down $1 9/16, or 3.3% and JBL down $2, or 4.6%. Could it be that the upgrade of the sector yesterday caused a sell-off today? Kind of confused by today's action but the above represent some guesses. Dennis