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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector -- Ignore unavailable to you. Want to Upgrade?

To: kolo55 who wrote (1666)8/5/1998 9:33:00 PM
From: jeffbas  Read Replies (1) | Respond to of 2542
 
Paul, I am rather fearful that another few hundred point crack in the market (if their is one) would cause JBL and SCI to break support around $30. Now is not the time to be on margin, for sure.



To: kolo55 who wrote (1666)8/11/1998 5:34:00 PM
From: 18acastra  Read Replies (2) | Respond to of 2542
 
Looks like the beating on JBL/FLEXF is pretty much done.

Market hammered today, including tech in general, and JBL/FLEXF held up nicely. Hopefully, all the people that wanted out of these stocks are gone, and valuations are also incredibly cheap, so that may be why they held up today. Solectron, on the other hand sold off pretty good and has a while to go on the downside to catch up to other guys in terms of valuation.

My opinion.


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