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: patroller who wrote (4326)	7/20/1998 10:21:00 AM
From: 18acastra	Read Replies (1) \| Respond to of 6317

Quantum Reported last week - DLT Finally Turning around as inventory has cleared. HUGE positive for Jabil. Excerpt fo CEO commentary on quarter from earnings release: Commenting on the DLTtape(tm) business, Clemmer indicated that the OEM channel inventory issues of the previous quarters have been substantially corrected. "We are enthused about the continued growth in end-user demand for both our DLTtape drives and media. In addition, we have been successful in working with our DLTtape OEM customers to reduce the number of weeks of inventory in their channels," said Clemmer. My opinion.