Jax International (JAXI) Message Board

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Microcap & Penny Stocks : Jax International (JAXI)

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To: Gecko who wrote (1220)	9/10/1997 4:55:00 PM
From: Dan Thomas	of 2430

See the bid/ask spread ??? The MM-s are cleaning up on this baby ... however, since JAXI is now in the Mortgage Co. business, $$$ should start pouring in. The shorters better be on-guard ... buyback is now at 50 cents and likely to climb quickly once the effect of a positive cash flow sinks into investors' minds. Assuming costs have been reasonably factored into the rates, at least the mortgage company can't lose (not w/o a lot of human effort). Should be a cash cow. Send sympathy cards to Mark ! Regards, Dan

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