JB Oxford, Lombard, Etrade Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : JB Oxford, Lombard, Etrade

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Randy McWilliams who wrote (134)	12/26/1996 4:36:00 PM
From: john m	of 396

To: Any and all Re: JB Oxford O.K. So most of us have read the TIME article. Irving K. is old news. Yes, he's been banned from trading under certain conditions for activities dating back to the 70s. Big deal. Take a look at Prus rap sheet. He has no direct ownership of the company (stock), nor does he retain any sort of steady salary. He was used as a consultant on a very limited basis. The majority of lawsuits dating back to the RKS days have been settled. Those of us who have worked with JB know that their executions are timely and the service is extremely comparable to Lombard et al. July '96 issue of Forbes magazine listed JB Oxford as one of the fastest growing (of 30) publically traded companies. They were the only brokerage firm listed. Hmmm. One final note for those who follow the stock- JBOH closed at $1.3125 today, a 52 week low. Off 30% since the TIME article. Been as high as $3.78 this year. Trades at 2.65x current '96 earnings- the average industry P/E is 11.5. Dean Witter just bought one of their biggest competitors, Lombard. Heavy insider buying in JBOH over last few months- over 500,000 shares taken off the market this year. Maybe the 'real story' about JB Oxford is right before our eyes. Hmmm.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next