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Non-Tech : JumboSports Inc.(JSI)
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To: Bottom Feeder who wrote (106)12/23/1998 9:27:00 PM
From: Dan Heisman  Read Replies (1) of 109
 
Because of its low price (and other things, apparently), NYSE is de-listing JSI. The press release said they were looking for another exchange. You are correct in that you could bust your piggy bank and buy controlling shares. This stock has the lowest Price-to-sales ratio I have ever seen. So if the company doesn't disappear, it might be a huge speculative play. High risk, high reward. The question is, where will it trade after Jan 4, 1999? Any thoughts?
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