Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Morelli who wrote (4132)	6/17/1998 1:55:00 AM
From: Carmine Cammarosano	Read Replies (2) \| Respond to of 6317

Sounds good to me: Jabil also expects revenue to be little changed in the fiscal fourth quarter because of ''significantly'' lower production of one of its communications product. The company, though, said it expects ''significant'' revenue growth in the fall. Company representatives weren't immediately available for comment. The company said longer-term production levels are expected to rise significantly, partly on orders from two new customers. Jabil expects to benefit from providing parts for a new notebook personal computer, starting in the third fiscal quarter of next year. Its acquisition from Hewlett-Packard Co. of two factories that make parts for printers is also expected to boost earnings. ''With the announcement of two new customers, the new location in California and the Hewlett-Packard acquisition, the outlook for the company in fiscal 1999 is very favorable,'' said President Thomas Sansone.