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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: JOHN E.DAGGS who wrote (31)9/19/1997 6:56:00 AM
From: Walter Fabisiak   of 192
 
Ed:

Unlike most small cap stocks, AXLE has bee around for about 20 years and been profitable for about the past twelve. The financial problems of their underwriter caused the price to crash and provided us with a nice undervalued situation which the market has started to recognize. I think that the stock has a good chance to run back to $3 if the fourth quarter is good.

Walt
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