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Non-Tech : TJT Inc. (AXLE) - Undervalued Special Situation
AXLE 0.2800.0%Jun 24 5:00 PM EST

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To: Andrew who wrote (18)9/4/1997 7:28:00 PM
From: JOHN E.DAGGS   of 192
 
Andrew

I have been in this stock since about a month after the IPO
Have seen it go through the 9.00s and the 5.25s on the stock
and the warrants. Made good money off the stock and the warrants,
but now I believe the warrants have ran their guantlet and that
the stock is the only way to go. They have already hit the
top side and can call the warrants whenever they want at 10 cents.
I still have way too much of both, as I bought in too early off
the highs. In now at 2.05 on stocks, and 1.36 on warrants, but
am loaded on the warrant side.

Still a good buy curently.

Ed
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