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

To: ronco who wrote (1646)	4/7/1999 2:27:00 PM
From: Manny	Read Replies (2) \| Respond to of 2220

Conference Call details... 1-888-266-2086 ID 1405367 Highlights: Definitely positive! Profiting appoximately 1 million per month vs a 1 million dollar loss per month when they took over the company last year. CBC Oppenheimer, Putnum, Raymond James, Crescendo are some of the major players who asked questions. They have 115k accounts. They are executing between 5-6k transactions per day and have seen a high of 25k. They just hired a new Director of Marketing who's #1 priority is to enhance the website. New softward upgrades will be completed within 30 days. New hardware updates will be completed within 60 days. The company has completely new owners. All of the old management is gone. CEO Chris Jarrett said he is very bullish on the whole industry. 75-85% of their revenues generated through retail stock trades. New add campaign will be launched in about 60 days. Will combine TV and print ads. 1999 Marketing budget of 6 million has not been used yet and will be allocated to the new campaign. They are looking to make acquisitions. They seem to be targeting some of the other brokers that they provide clearing services for. It seemed like they are trying to say that because they do the clearing, it would be an easier transition process. Now I am VERY Long on JBOH-------the analysts even acknowledged that they are undervalued compared to the rest of the online brokers.