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Non-Tech : The SJI Group, Inc. (SJIG)

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To: Robert G. Hanah who wrote (204)5/16/1999 11:38:00 PM
From: Winthrop Troy  Read Replies (1) of 217
 
RIDDLE ME THIS BATMAN: THE CO. HAS 4.1MM SHARES OUTSTANDING[?] AND OWNS 1.4MM SHARES OF RETRICTED bhub [$13] GIVING sjig A 'BOOKVALUE OF $4 A SHARE - BALL PARK and SJIG has $4.6mm rev?
HAVE I got my facts correct ?????? how can an 'internet net'stock of sorts trade at less than book value when companies like PUNK trade at $8/shr * 8.5MM shares = $65MM mkt cap on $400K in annual revenues?
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