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To: Francois Goelo who wrote (2394)5/19/1999 4:15:00 PM
From: Jeffrey L. Henken  Respond to of 2662
 
My average purchase price is 1 5/8's on SJIG. Looking over the chart if the stock were to break through today's low of 1 3/8's then we could easily see under $1 again. I do not think that will happen. The stock broke through support today when the selling was in full force. I personally do not see that happening again.

All investors should remember that BHUB, SJIG, and many of the stocks we discuss here are OTC BB stocks. As such they are generally a long way from fully reporting. These companies can, and do, raise money to the best of their ability but it is often with terms that are less than endearing to those shareholders who hold the stock at the time.

The interesting thing is that even fully reporting companies have to raise additional funding and it's never done at market prices.

Bring on tomorrow Francois.

Thanks for heads up on BHUB and SJIG today.

BTW... you can call me a fool anytime...

Regards, Jeff