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


To: agrove who wrote (4288)7/14/1998 10:09:00 AM
From: rgrig  Read Replies (1) | Respond to of 6317
 
I think JBL is being neglected because it's quarter ends one month behind most of the other tech stocks. Once earnings for the quarter ending June '98 wind down, we will see more attention being paid to JBL and the price will appreciate. Investors should take advantage of the lower prices. Down side risk is about $2.00 where the upside for the next 12 months is about $30.00. No doubt business has slowed but with two new major customers coming on line and tthe HWP deal, the future looks bright. The current PE in comparison to the projected growth rate indicates the stock is extremely under valued.

Just my opinion.