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

To: Early Bird who wrote (4700)	11/14/1998 1:28:00 PM
From: kolo55	Respond to of 6317

Received this e-mail from a Yahoo poster: From: Tortie2@aol.com I refuse to pay to post on an internet board when yahoo is available for free so I'm emailing. I just wanted to let you know that JBL didn't drop b/c of insider sales. This info has been public for weeks. My personal opinion is that it was just a bit of profit taking combined with stoping out of those investors with tight stops (i.e. less than 20% from recent high) SLR and Flex went through similar action within the last 2 weeks dropping 5 or 6 points and both are now testing recent highs. It was very predictable. I would suspect, based on this analysis that if the market is flat or up JBL will be testing recent highs by the end of next week. The sales by insiders were consistent with past quartley sales or even a little more conservative. With the recent runup I see this insider action as a great sign. The still own a hugh chunck.

To: Early Bird who wrote (4700)	11/14/1998 1:35:00 PM
From: kolo55	Read Replies (3) \| Respond to of 6317

I wouldn't short this stock. In about 3 1/2 weeks they are likely to release a very good earnings report, and I expect to hear more about at least one major new contract, either finally revealing Dell as a new customer, or confirmation of the recurrent Lucent rumors. The other ECM sector leaders are still making new highs, and the laggards in the sector are starting to make nice moves. You're betting against the sector trend, and I don't think that's wise. Also their customers are announcing nice gains in unit sales volumes, and many of Jabil's customers have stocks that are moving upward. I thought you technical guys believed "the trend is your friend". Seems to me, you're bucking several trends. I actually bought a few shares in this dip. Paul