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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: John Clark who wrote (4146)	5/6/1999 6:33:00 PM
From: Jim B	Read Replies (1) \| Respond to of 108040

I bought SJIG to avg over $2.00 share as well... no big deal.. just read today's news... how many BB companies can say they reported net income of 53censt per share over 4cents per share loss in 1997.. and 26cents eps instead of 4cents loss in 1997... they own over 1million shares of SLEU which closed today at 9 3/4. SJIG is not diluted and float is fairly small... people simply need to read and understand the news and then we're likely to see the stock move back up in my opinion... can I predict the future? nope.. but it clearly looked to me like the MMs dropped the price signicantly today without just cause.. good buying and it hit a wall at 2 1/4.. and then on little volume they started working together to drop the bid very quickly... people panicked and sold.. I didn't.. will it go higher?? we shall see.. it might take the weekend for people to digest the earnings.. but we'll see; welcome to SI. jim ps.. WOWS I'm holding for another week and I rarely hold a stock over the weekend.. but this one has too good a story I think.. IDFR closed up nicely.. could run tomorrow...hopefully the news that's due comes tomorrow.. and I'll be watching FLNK, ACCR, MGCN tomorrow as well for buying opps.