Jabil Circuits (JBL)

[eastunder]

Okay...there we go. Just a few updates to Targets

A $14 target and two $10 targets.

"Given an increasing downside risk to growth and a weakening economic outlook, we lower our price target to $10, which reflects a P/E multiple of 10.3x our fiscal 2008 earnings estimate."

Interesting since the average of the P/E's have been around 20 in the past year. These are the quarter ranges.

P/E range of 20-26 may
P/E range of 21-26 aug
P/E range of 16-25 Nov
P/E range of 11-17 Feb

Take the average do some Math and 10 isn't the right target, LOL but I'm a glass half full person.

Market willing and playing fair, I would say 15 and I am being conservative because the math says 20. But another gap down in panic would be nice first...finish it off and turn it up?

Am I even close Options?