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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 (26)9/14/1997 5:44:00 PM
From: JOHN E.DAGGS   of 192
 
Andrew
Yes they do still have a shelf life. I was mistaken about the top
Dollar reach and the 10 day period. That happened in Aug 96, not
Jan of 97 as was stated at the start of this journal. They have
not been above 7.50 since 12-21-96 which was the date. The warrants are a very good buy, as are the stocks. I have awakened
myself to this fact, and coould kick myself for time lost when both were dirt cheap, moreso than they are now. Just in self
defense of the falling prices this past spring, I was lucky to get
a bunch of both near the low, and I plan to extend my position
in both stocks and warrants, awaiting this quarters return.
Good luck. ED
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