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


To: EdH who wrote (4003)6/4/1998 3:07:00 AM
From: Dennis R. Duke  Respond to of 6317
 
Is it possible that someone has a clue on earnings at JBL and that is dropping this stock?

From Zacks:

JBL: ADAMS HARKNESS decreased estimate for quarter ending
11/98 from $0.49 to $0.48 on 05/12/98
JBL: ADAMS HARKNESS increased estimate for fiscal year ending
08/99 from $2.32 to $2.41 on 05/12/98
JBL: ADAMS HARKNESS increased estimate for quarter ending
02/99 from $0.56 to $0.60 on 05/12/98
JBL: ADAMS HARKNESS increased estimate for quarter ending
05/99 from $0.61 to $0.65 on 05/12/98
JBL: ADAMS HARKNESS increased estimate for quarter ending
08/99 from $0.66 to $0.69 on 05/12/98

EXPECTED EARNINGS REPORT DATE:
JBL: JABIL CIRCUIT is expected to report earnings for its
fiscal quarter ending 05/98 on 06/17/98. The Zacks
consensus estimate of earnings per share for JBL's 05/98
quarter is $0.45.

Didn't the stock begin to lose ground at about the end of the quarter (we peaked near term around 5/13)? Anyone got insight into this Q's performance.

Disclosure - I sold today at $34 1/8. Hope to buy back at lower levels in 30 days.

Dennis