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


To: patroller who wrote (5004)3/13/1999 1:55:00 PM
From: patroller  Read Replies (1) | Respond to of 6317
 
Two Contract Mfg. Cos' Earnings Out Next
Week--Solectron & Jabil
Salomon Smith Barney
Thursday, March 11, 1999

--SUMMARY:--------------------------------------------------------------
*There are two contract manufacturing companies that are scheduled to report
earnings next week (week of March 15-19) -- Solectron and Jabil.
*Solectron is scheduled to report 2Q99 earnings results on March 15 with a
conference call to be held at 4:30 pm EST. Our EPS estimate is $0.26.
*Jabil Circuit is scheduled to report 2Q99 earnings results on Tuesday, March 16,
with a conference call to be held at 5:00 pm EST. We are forecasting EPS of
$0.27.
*We are looking for continued bullish commentary from both companies on the
tenor of business. Both companies have recently tapped the capital markets as they
gird themselves for large outsourcing programs that are expected in coming
months. Activity is expected to be very brisk in the telecom/datacom spaces, sweet
spots for both SLR and JBL.