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Non-Tech : The SJI Group, Inc. (SJIG) -- Ignore unavailable to you. Want to Upgrade?

To: daaan who wrote (211)	6/13/1999 5:13:00 PM
From: judge	Read Replies (1) \| Respond to of 217

I really don't understand why sjig is at 1 1/4.. 1.) They own 1 millions shares of bhub restricted stock, and 1.5 miliion of preferred bhub stock.. The 1 million lock up on the restricted stock ends in August.. Bhub is trading at 6 1/2, with a yearly closing high of 15 1/2. SJIG has 8 million shares outstanding. So the 1 million of restricted bhub shares is worth .81 cents a share for SJIG holders. If you figure in the preferred stock of bhub, it is worth 2 dollars a share for SJIG share holders. 2.) They own www.sjitabacco.com , www.247mall.com , www.musicinstock.com. 3.) They are also developing www.cuttheprice.com . A reverse auction website. "CutThePrice.com uses a reverse pricing format to liquidate merchandise. This means we start with the manufacturers list price, and then lower the price until the quantity is sold out." Anybody have any thoughts on why the stock is so depressed??