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Non-Tech : J.B. Oxford

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To: Matt Nickels who wrote ()9/9/1999 9:42:00 PM
From: PaperProphet  Read Replies (1) of 2220
 
Well, I'm back in at 7 9/16. I've been keeping half an eye on JBOH for the last few months and thought now might be the time to jump back in. From my perspective, I see good trading volumes, people continuing to go online, and occasional crashes of web sites (Schwab, Waterhouse). Usually web sites don't go down due to lack of use. I feel JBOH is particularly good at this price.

I also see an ever decreasing trading volume of JBOH shares trading. I think most of the shares being held today were bought at a higher price and the percentage of investors who want to just get rid of the stock and move on with their investing lives is becoming a larger portion of the volume traded.

I'm not completely in yet as I think there is a good chance of a small Y2K panic coming up. It only takes a little more hype from the media trying to up their ratings before some investors start to think that a good portion of their money might be safer in a money market over the next few months or start thinking that other people might begin taking money out of the market and a small correction could start. I know I'm not helping the cause by keeping most of my money in a money market but there could be some opportunities coming up if anything happens.
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