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

To: OldAIMGuy who wrote (5095)	4/29/1999 12:04:00 PM
From: Asymmetric	Read Replies (1) \| Respond to of 6317

SCI Systems Had Already Warned Tom, here's a headline from last month: Dow Jones Newswires -- March 24, 1999 SCI Systems Sees 3Q Net Below Analysts Views HUNTSVILLE, Ala. (Dow Jones)--SCI Systems Inc. (SCI) expects to report share earnings and revenue "upper-single-digit percentages" below analysts' estimates for the third quarter ending March 28. In a press release Wednesday, the electronics maker said revenue was hurt by market conditions for personal computer products. The devaluation of the Brazilian real cut earnings by 8 cents a share, the company said. A First Call survey of 17 analysts estimates that SCI Systems will earn 50 cents a diluted share for the third quarter. << So if CNBC said SCI surprised, it was on already lowered expectations. Not much to get excited about when that happens IMO. Looks like technology selloff continues to drive ECM's lower today. Peter.