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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: Walter Fabisiak who wrote (24)9/10/1997 7:18:00 PM
From: JOHN E.DAGGS   of 192
 
Walt

The latest purchase of last quarter will still be a write off of
goodwill, and will go against profits. The Bradley purchase showed
up in the last quarter's profits and sales. It should be a good
quarter that we are in. Wonder how the Bradley people feel about
the price they sold at for stock mostly, and the price that the
stock has been for the past 6 months? Another reason why the value
of this stock should rise. That acquisition helped bring the stock
price down earlier this year, but should help bring it back up this
fall. I am excited about the prospects, and may be moreso after I
talk to Scott B in the next day or so if I like what he says.

Thanks, Ed

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