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


To: Nevin S. who wrote (4473)8/17/1998 8:50:00 PM
From: riposte  Read Replies (1) | Respond to of 6317
 
Re: Negative Comments

Hi Nevin -

No doubt, you're right.

I have a theory about Jabil:

Jabil has customers spread across several industries. This should be a positive for them (diversification and all that). Instead, what happens is that if any of those industries gets whacked, so does Jabil.

It's mindless and stupid, but that's the way the market has been lately.

Steve



To: Nevin S. who wrote (4473)8/17/1998 10:43:00 PM
From: gs  Read Replies (1) | Respond to of 6317
 
On NASDAQ where most tech stocks are declines led advances, 2,228 to 1,824. MOST gains were concentrated among the biggest tech stocks.
This small drop with the volume 208K is meaningless.