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


To: gs who wrote (4475)8/18/1998 12:50:00 AM
From: big guy  Respond to of 6317
 
Yeah this stock is weird. It is undeniably in a trading range from 37 to 30. I don't see a reason in the world why it won't bounce off 30 this time. When times are good it automatically jumps 3 or 4 pts easily. Makes a great trading stock. Hopefully we can have something to break it out on the positive side. Usually news that intel is selling more chips, fuels the computer industry. (People assume the more intel sells, the more the complimentary industries will sell)

Looks pretty postive for a quick journey to 37, unless some evil unforeseen event cracks the 30. When the chart is this easy to read, i would put my money in.

jake