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

To: Sir Auric Goldfinger who wrote (558)	2/4/1999 2:04:00 AM
From: peter michaelson	Read Replies (2) \| Respond to of 2220

Auric, All: I apologize if this has been discussed already, but what is the story behind the headlines on the replacement on the CEO last spring? From 10_Q for Quarter ended 9/30/98 During the third quarter, the Company made key management changes in the organizational structure of JBOC. Stephen Rubenstein, who had been the President of JBOC since 1994, resigned from employment with JBOC and resigned his board positions with JBOC and S4L. In his stead, Albert R. Laubenstein, who had been Executive Vice President, was named acting President and Chief Executive Officer. Another Question (displaying an obvious skepticism)... Why would JBOH have issued convertible debt with a $.70 conversion price a few short months ago. I guess they didn't shop around for a better deal? Who was the purchaser of these notes? NOTE 3. CONVERTIBLE NOTES In June 1998, the Company completed the sale of newly issued 9% Secured Convertible Notes in the principal amount of $2.0 million due December 31, 1999. The notes are convertible into the Company's $0.01 par value common stock (the "Common Stock")at a rate of $0.70 per share. The notes will be converted into a new issue of voting preferred stock of the Company if such new issue is approved by the Company's shareholders. The new preferred stock will be convertible into Common Stock on the same terms as newly issued 9% Secured Convertible Notes. In conjunction with the above transaction, the purchasers of the newly issued 9% Secured Convertible Notes and another investor also acquired approximately $3.9 million in outstanding principal amount of the Company's 9% Senior Secured Convertible Notes. The Company agreed to reduce the conversion ratio from $1.00 to $0.70 per share of the Company's Common Stock for the entire $4,421,311 of outstanding 9% Senior Secured Convertible Notes. The maturity date of the notes was extended to December 31, 1999, and they are immediately convertible into common shares.

To: Sir Auric Goldfinger who wrote (558)	2/4/1999 7:59:00 AM
From: Bo Le	Read Replies (3) \| Respond to of 2220

Hi, My name is JBOH. I was born on 1987. It was a very difficult year. I was an ugly duck from day one, but I survied and today I am 12 years young. There are up and downs in my life. I always worked hard and sometimes helped my owner (shareholder) make decent money. But last two years, I catched a flu which affected so many of us. I was suffering, I was crying, I was losing a lot of weight to less than 7 million bound (.50 per share), I was dying ...... Oh, here comes my savior Alan Greenspan. He made the ice melt and fill all river and lake with water (money). I get rid of my previous care taker which abused me and found a new one who knows how to take care me. Everyone from everywhere all come to help me. MSFT put out an Internet Explorer so people can see me from there computer screen. CSCO and AOL build a network so people can talk to me from everywhere in the world. CPQ and SUNW made awesome servers so that I can communicate with people faster than ever. I am recovering, I am growing, I am becoming a swan from an ugly duck, I am becoming a Wall Street daring ...... Who said I am not attractive? I just won the beauty contest with 34 million vote. Who dare to say nobody want marry (merge) me any more? I know I am beautiful and I am confident to myself. I will only marry (merge) the most handsome young prince like EGRP or old rich man like MerryLynch. Oh, I also want respect. I won't accept their propose unless it is an equal marriage, I mean one their share for one my share. My sister SIEB and I has the same gene (business). Whatever she can do is what I can do. Where she can go ($50 a share) is where I can go. I am hot, I am beautiful, I am making my owner (shareholders) very happy .......