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

To: Finder who wrote (4709)	11/16/1998 12:56:00 PM
From: Early Bird	Read Replies (1) \| Respond to of 6317

My guess is that you ARE in for similar action as last year. This stock seems to offer so much every year, only to dissappoint. Why should this year be any different ? This stock has had a 90% increase in price since the beginning of September so what I see happening now is September buyers locking in profits as this stock has not sustained this kind of increase in the last few years. Last year I was ONE of those with such high hopes but my memory has served me well and I will NOT be dissappointed this time as I seem to have played it correctly this time. Not bragging, only Happy that THIS time I seemed to have learned my lesson. Good trading, EB

To: Finder who wrote (4709)	11/16/1998 11:37:00 PM
From: WTMHouston	Read Replies (1) \| Respond to of 6317

I think it was Cramer that described JBL as a perpetual short squeeze waiting to happen.....but, to get the squeeze (which may have accounted for some of the last BIG rally) it has to be over and heavily shorted in the first place. For better or worse, this thing sure has volatility....just hope you're on the right side of it. For those that think that an earnings announcement (even a good one) must inevitably bring higher prices, the report 2 Q's ago should be a start reminder. For those that weren't in or have forgotten: they made their number but included some "were're going to be flat" comments, and the stock tanked 10 points in a couple days. The risk is still there today: you don't get a stock that doubles (or more - 23 to 56) in 30-60 days without the risk that it will drop 50% in far less time. Playing this one is not for the faint of heart. Don't fight the momentum here: it will burry you. All of the foregoing notwithstanding, this company still has great fundamentals. But, it would not be the first company not to trade on its fundamentals. And, BTW, my timing has historically swucked on this stock (except for my double down buy at 23, which I sold way to early around 33). Right ideas at the wrong times....some just happen that way. Just my thoughts. Troy