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Non-Tech : JumboSports Inc.(JSI)
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To: Bottom Feeder who wrote (98)3/6/1998 10:58:00 AM
From: Dan Heisman  Read Replies (1) of 109
 
Well, I am no expert on JSI, but I am a former Investment Advisor and a JSI stockholder. I know of no buyout rumors, but JSI's "book value" is about $4. Because of the type of company it is, any buyout would probably be somewhere in that vicinity. In any case, I think it is much more important that the new management show some turnaround in earnings. If they do so, some people will notice and the price will rise. I know I am not telling you anything you do not know, but I purchased more JSI when the stock fell into the low 1's because I felt that the thinly traded issue had oversold, as so many thinly ( and not so thinly) traded issues do when there is a problem. Best of luck!
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