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Plexus Corp. (PLXS) Message Board

  • golfguru_98 golfguru_98 Jun 2, 2004 10:54 AM Flag

    Looking for info

    Does anyone have the 'parking lot' report on Jabil? I thought they filed that with their 10-Q but I didn't see it.

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    • They may have been taking Phase 2 soil borings.

      Also, there was a gas tanker seen in the area by the Express Station. It may have been checking the area for a potential route.

      By the way, the parking lots with the most oil spots showing were primarily at the manufacturing plants. Based on my observation it looks like management is trying to cover up the oil spots by older vehicles. I went by the headquarters and there are hardly any oil spots. In that parking lot they are having people with new cars park there.

      The P Dog.

    • I took a look at the Plexus parking lots the other day and there are oil spots all over the place. Eventually managements will have to come clean about the "reserves".

      Does anyone have insight on the oil spots? Any chance its related to Matt's Auto Repair down the street??

      Any insight would be appreciated.

      The P Dog

    • I'm not an accountant but there would be no cost basis so it wouldn't hit the balance sheet. Analysts will have to determine the level of reserves and its ultimate value on their own.

      If and when Lexus starts selling the oil I wonder if they will try to book a negative cost of goods sold vs a revenue stream to make margins look better and to throw off analysts...

      IMHO.

      The P Dog

    • Betsy can confirm this, but I had heard that the jabil corporate office was undergoing parking lot maintainence and their stock has really taken a hit. This maintenance was not announced in their report to the SEC so I am sure we are looking at the "smoking gun" of another Enron debacle. What do you think Betsy?

      Sincerely,

      Ura Jack S

 
PLXS
41.35+0.57(+1.40%)Oct 31 4:00 PMEDT

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