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Non-Tech : J.B. Oxford -- Ignore unavailable to you. Want to Upgrade?


To: Bo Le who wrote (294)2/1/1999 2:29:00 PM
From: DAY TRADER  Read Replies (1) | Respond to of 2220
 
3 mentions today on Briefing.com

13:07 ET JB Oxford Holdings (JBOH) 5 7/16 +2 27/32: --Update-- Shares of online broker have been picked up
by the momentum crowd. Stock has rocketed 110% on volume of 9.2 mln shares. Intraday range 2 23/32 to 5 19/32.



11:59 ET Online Brokerage Group: E*Trade (EGRP 63 1/4 +8 11/16, +15%), Ameritrade (AMTD 98 1/4 +18,
+22%), Siebert Financial (SIEB 16 9/16 +4 1/4, +35%), National Discount Brokers (NDB 23 3/4 +4 3/4, +25%),
and JB Oxford Holdings (JBOH 3 7/8 +1 9/32, +50%).

11:31 ET JB Oxford Holdings (JBOH): Shares of troubled online broker catching a ride on coattails of online
brokerage stocks. Issue has advanced 45% on volume of 3.6 mln shares vs avg. daily turnover of 0.47 mln shares.
Intraday range 2 23/32 to 4 1/4.



To: Bo Le who wrote (294)2/1/1999 2:30:00 PM
From: Patricia Meaney  Respond to of 2220
 
Yahoo says SIEB 21 outstanding

biz.yahoo.com



To: Bo Le who wrote (294)2/1/1999 5:28:00 PM
From: Kevin McKenzie  Respond to of 2220
 
JBOH vs SIEB

Actually, I show the following:

Total Shares: SIEB 21M JBOH 14M
Float Shares: SIEB 600K JBOH 6.6M

TTM Sales: SIEB 25.8M JBOH 63.9M

Sales/Share: SIEB 1.2 JBOH 4.48
Price/Sales: SIEB 15.8 JBOH 1.25

So Siebert has a tiny float, which seems to mean a great deal to inets. However, JB Oxford has a relatively small Price/Sales of 1.25 vs Sieberts 15.8. In fact, after today, most of the other online brokers have Price/Sales well above 10.

Should be interesting.