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

To: jeffbas who wrote (4414)	8/4/1998 5:58:00 PM
From: 18acastra	Read Replies (1) \| Respond to of 6317

Good news for JBL - HP Deal done and CSCO reports good Q. CSCO is Jabil's largest customer, and must be feeling good about future as beat estimates by $.01 and announced 3/2 stock split. Now that Jabil has the HP revenue, it makes CSCO a much smaller % of Jabil's overall business. I think that CSCO's growth w/JBL had slowed as they were 20%-25% of Jabils business, and did not want to become a larger customer. Now that issue is alleviated and suspect that Jabil can hopefully win more Cisco business, and the fact that they will have a California facility as well shouldn't hurt in that regard. My opinion.