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


To: patroller who wrote (4968)2/19/1999 2:10:00 PM
From: Finder  Respond to of 6317
 
Looks like stock is being "pinned" at 23 1/2 for options expiration.

Oh well, maybe Monday will be a better day.



To: patroller who wrote (4968)2/19/1999 2:17:00 PM
From: Finder  Respond to of 6317
 
Patroller- looks like you got your wish. Stock is now down on the day when the market is roaring. I think is is all options related however (I Hope).



To: patroller who wrote (4968)2/19/1999 5:04:00 PM
From: patroller  Read Replies (2) | Respond to of 6317
 
TOO all : alot has been said here and on the yahoo tread about,the lack of volume in this sector,it seggest that the big money isnt interested or they will not pay theses higher prices,were done cooked stick a fork in us,we just dont attract any attention,the big guys have thrown in the towel.NO WAY!
In the last few months the big boy have been buying all that they can get their hands on,its just behind closed doors via sencondary offerings (slr,flex,sci,cls,jabil)over a billion dollars has been invested in these guys ,imagine if they bought shares with that ,we would be trading at 50 time forward earnings .There is interest big time interest.In two weeks they will have to buy just like us,The prise is unbelievable,jabil bought 700mil in new biz from hwp for 70 mil,they can buy about 2,5bil in new biz in the next year with there money,that will put them at about 5,5 billion in revenue,this time next year,that can get about 1.5 to 2 times market cap.or 8-11billion m/c,today jabils at 2.5billion m/c,in 3 week its a different story trust me.patroller