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: Finder who wrote (4463)	8/10/1998 2:02:00 PM
From: OldAIMGuy	Respond to of 6317

Hi Finder, Frankly, I don't see the potential on the short side of JBL right now. Even if the market stinks for months, JBL's better growth will attract dollars that are idled right now. Where are people going to go with the $$$ they have? Bonds? With inflation relatively low, should they buy goods and services? No real pressure there. I think those $$$ will resurface in the small cap market in a selective fashion. Last week, the NASDAQ had only 74 new Highs and 1182 new lows! This cries out "OVERSOLD" to me. Norman Fosback considers this sort of statistic to be short term bullish because it indicates a pendulum who's swing has gone too far. I guess we'll know soon!! Best regards, Tom