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

To: kolo55 who wrote (4702)	11/14/1998 3:34:00 PM
From: patroller	Read Replies (1) \| Respond to of 6317

Too the chart guys,something I dont understand,isnt the charts a way of predicting the future news,earning,growth,therefore forecasting the effects on a stocks price,as more likely than not? this is what I call inductive reasoning ,So if this type of reasoning stands in the face of what is called deductive reasoning,meaning predicting a result from the foundation of the facts and deducting the effect.Exsample the facts say that jabil will grow their earning much higher than expected thus causing the stocks value to rise,and at the same time other events cause the charts to appear contrary thus making one believe the facts are lies.Therefore should I ignore the truth and trust the false believe? Will the truth be powerless and the pretender powerful? thanks in advance.patroller

To: kolo55 who wrote (4702)	11/16/1998 11:50:00 AM
From: OldAIMGuy	Respond to of 6317

Hi Paul, JBL's going to have to drop to below $39 before it will attract any more of my dollars. I'll add about 8% to my account if it should drop that far. My current "hold range" is between $39 and $56, so I'm just sitting tight. Best regards, Tom