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Microcap & Penny Stocks : Telesciences TLSI formerly know as Axiom Inc. AXIM
TLSI 4.680-4.5%Feb 5 3:59 PM EST

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To: John Ritter who wrote (42)11/26/1997 10:35:00 AM
From: kvogel  Read Replies (1) of 156
 
John,
There is certainly no secondary in sight at these prices. Management has options which don't come into play until AXIM reaches 12. Selling pressure has subsided along with volume. There aren't many buyers or sellers. However, someone has been buying blocks of 5000 shs(or at least keeps bidding at this quantity)for several weeks. They try to buy at small fractions(1/32 or 1/16) above MM's bids but at bargain prices. I believe the upside potential is back to the IPO price(12) within the next 6 months. AXIM has steady business with the RBOCs and is adding international business. I expect them to beat this quarter's earnings projections since CEO indicated they were off to a good start this quarter in his conference call. The IPO underwriters were mad at management for not keeping them informed. However, that is behind them and I believe the stock is now under accumulation in a steady, slow way. AXIM is positioned for a near term move up to 9-10 with any year end rally in my opinion. CEO indicated growth in their industry of 40% so I expect good things in the future.

Karl
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