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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?

To: dental-eye who wrote (1443)	11/22/1997 1:20:00 PM
From: Stevie	Read Replies (1) \| Respond to of 4571

Has anyone thought about why this stock is falling? They sold the rights to 1/2 of this entire company for 15 million Dollars. Right now..even at a per share price of 1 3/8 it has a stock market value of over 61 Million Dollars..seeing they have over 44 Million Shares outstanding. Even the 15 million is questionable ...as only 9 million is for sure with the rest being an option to buy. Personally..i didnt see this JV news as particulary good..given the above facts.. The stock running to 2 1/8th valued this company at almost Ninty Five Million Dollars.. When they had just sold 1/2 of it for 15 million. Sure hope some wise people sold at 2 1/8. Good Luck to all..and personally i would think twice about this investment at current prices.