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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Jon Scott who wrote (15232)	5/6/1999 2:46:00 PM
From: Dave Gore	Read Replies (1) \| Respond to of 25711

ALERT: SJIG 2.00 x 2.06...news of .26 eps PLUS 1.5M shares of SLEU owned might be getting ready to move up... lots of people DD-ing now 2 x 2.06 CHECK THIS OUT: To: +DablocTrader (150 ) From: +Francois Goelo Wednesday, May 5 1999 3:16AM ET Reply # of 168 Dabloc, I bought back at the time of the mid-#40 posts and waited patiently... The Company has changed for the better. It now has an e-commerce venture and has stated that its assets, excluding holdings in SLEU, exceed liabilities 3 to 1. The SLEU (at $10.00/share) holding is worth $2.60 for each SJIG share. Add another $2.40 or so for the rest of the business and you get about $5.00. Now, I have written, a while back, a post showing that SLEU is likely to be sold sometimes this year for some $30 to $45 per share. If we say $30.00, this add another $2.60 x 2 = $5.20 to the stock. So, SJIG could well be worth some $10.00 within a short period of time. That's why I have only sold enough to cover my initial investment and I am waiting for the big move. Cheers, F. Goelo + + +