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

To: patroller who wrote (5090)	4/28/1999 2:31:00 AM
From: Stephen Swantz	Read Replies (1) \| Respond to of 6317

patroller: Re: Old friends(jbil/jbl) investors. Just to let you know that some of us old timers are still around but just lurking. Happened to update my IRA account and noticed that my first purchase was May 97 @ 53.50. Those shares now have a cost basis of 13.375. Through your research efforts and generosity in posting the same, my worth has increased substantially as I have gradually added shares over time. Same with FLEX. I wish to thank you for all the work that you contribute to this thread. Best regards. Steve

To: patroller who wrote (5090)	4/28/1999 9:55:00 AM
From: OldAIMGuy	Respond to of 6317

Hi Patroller, "The reason people don't make more money with stocks is that they set their goals too low." - Thomas Phelps; 100 to 1 in the Stock Market published in 1971. It's one of my favorite books on investing. It seriously changed my approach to stock selection and management. You are right, many stocks are just transient stops for most investors. Some short termers want just a quick few percent and then they're on their way. Some will look for a double and be gone. Some continuously re-analyze the situation and stick with it until "maturity" of the company/industry starts to show. I would have made more money (some) if I'd just held my initial shares of JBL, but would have had much higher risk exposure. (I currently have 25% fewer shares than when I started.) Well, there's always been a balance between risk and reward. We each have to decide what our limits are. I plan on being invested in JBL for probably 3-5 more years - at this point. I will adjust my thinking as time goes forward. In the mean time I'll be risk managing the holding by trading around a core position. It is nice to know that there are other investors here that have a time horizon longer than the next heartbeat. If one listens to the advertisements on CNBC, one would think that there are NO long term investors left! Best regards, Tom

To: patroller who wrote (5090)	4/29/1999 11:11:00 AM
From: Asymmetric	Read Replies (1) \| Respond to of 6317

Patroller >> I bought my first shares at 5 3/4 now pre spilt its almost 200,wow now thats something to tell the grand kids.<< I remember buying my first shares at $12 and change and then watching the stock dip down into the $11 range and buying more and the stock kept knocking the stuffing out of earnings estimates quarter after quarter and me buying more and the stock still not moving. I almost lost heart as it got close to fall, and then I made one of the most important phone calls of my life and called investor relations and talked to Beth Walters. Her reassurance that all was right with the company and that everything was on track made all the difference in the world - or at least my little corner of it as it exists today. I'm glad to see she's a VP now. PS - Patroller - you were right on those options last fall. They did turn out to be good as gold...actually better! :-) Good luck and thanks for all. Peter.