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

To: Mr. Generic who wrote (1685)	4/8/1999 3:37:00 PM
From: Rocky Reid	Read Replies (1) \| Respond to of 2220

I bought JBOH yesterday at 3:30pm for $9 7/16. I had hoped to see a little rise, but never expected this much so soon. Based on this new MarketWatch column, I now believe that JBOH is a very likely takeover candidate, as its market cap is on the WAY cheap side compared to EGRP or AMTD: cbs.marketwatch.com ...Online brokers and consolidation is inevitable," said Klein. He predicts that the larger online players such as Ameritrade, E-Trade, Schwab and Datek will be seeking to build through acquisitions but doesn't anticipate such merger activity until valuations come down. JB Oxford would be on the short-list as a takeover candidate said Klein. Although, JB Oxford CEO C.L. Jarratt said in a press release that his company planned on making "some strategic acquisitions." A little fundamentals work: JBOH has only 14 Million Outstanding shares, and a tiny 6 Million share float. This is a nightmare for daring Short Sellers, as this tight supply of shares creates an opportunity for a sizeable S H O R T S Q U E E Z E. ..especially as this Internet Brokerage sector is on fire. I plan to hold JBOH for awhile now, as I now believe we will be re-visiting the highs around $25 very soon-- if these takeover rumors start becoming fact. I any regard, my purchase at $9 and change and today's run-up leaves a good deal of room to make a profit even if no deals come through.