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Technology Stocks : American Xtal Technology, Inc. (AXTI)
AXTI 15.50+3.5%Dec 10 3:59 PM EST

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To: The Ox who wrote (244)10/24/2002 1:05:41 PM
From: The Ox  Read Replies (1) of 290
 
Ok. I've been following this company for the last few years. Their market stinks, but I don't think it's as bad as the stock price is implying.

For the sake of discussion:

Looking at yesterday's report, you can write off 80% of their Inventory and other assets, take off another $30 Million for losses from operation over the next 12 months and you still get a company who's net tangible assets are worth more than $2/share. This company is currently priced for a fire sale. Not sure it's worth much effort or money but something's out of whack here. Looking at how other company stocks in this sector are doing, I would think this one will "pop" for a nice percentage gain one of these days. There are better investments out there but this one is looking very attractive as a "value" play.

jmo.
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