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Microcap & Penny Stocks : Jax International (JAXI)

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To: Richard Phillips who wrote (1281)9/18/1997 12:13:00 PM
From: Carl Brehm   of 2430
 
I am not normally in them that long, But I believe this one will be like MARK was (went from .35 to 9.00 in just over 2 years), or like Argosy minning was (.17 to 3.12 in 20 months). So I will saty with this one and wait and see. Besides if the do produce the revenues of 20 to 30 cent a share per year this one is a very long term hold. Think about it. Bought under $1.00 means 20 to 30% return per year. I will take that type of return on an few thousand dollar investment any day.

Carl
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