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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 34.46-2.5%3:59 PM EST

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To: Stock Watcher who wrote (1826)2/3/1999 12:36:00 PM
From: Francois Goelo  Read Replies (1) of 52051
 
Stock Watcher, SJIG up 67% at noon today...
I had posted on this thread and on SLEU's that SJIG owns 1.5 Millions shares in SLEU. JD Jenkins, the CEO of SJIG (who will be reporting shortly) assured me that, excluding the SLEU shares, the assets of SJIG exceeded its liabilities. At today's quote for SLEU, SJIG shares should be worth around $2,50 on the basis of its holding in SLEU alone.
Yet, at noon it traded at 67 cents, up 67%.
Looks like some investors are starting to figure it out!!
The foregoing is my humble opinion only. Do your own DD!
Regards, F. Goelo
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