JPM Co. (JPMX, formerly JPMC) Message Board

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Technology Stocks : JPM Co. (JPMX, formerly JPMC)

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To: Jocelyn Bolick who wrote (18)	2/13/1997 3:02:00 PM
From: steve berman	of 157

I'm also in the Oberweis Emerging Growth Fund, but that's not how I found out about JPMX. I saw it in Investor's Business Daily's daily % increases in volume, did some research and said OK let's do it. That was back at $14.50 (and I was late to the game!). Don't be misled by the fact that the stock is up or down 1/2. This stock trades with a spread between the bid and the ask of anywhere from $.75 to $1.25. Right now I believe it's $1. The bid and the ask straddle yesterday's close, that's why it will be 1/2 up and then 1/2 down. I still haven't figured out why the market makers keep the spread so wide on this one. Anyway, the earnings estimates for the upcoming quarters look pretty tremendous, so I'm going to hold and see if I can't ride this bad boy up. If you like the stock, definitely buy on weakness. Good luck.

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