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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 (32)9/22/1997 7:06:00 PM
From: JOHN E.DAGGS   of 192
 
Walt
I would hope at least $3 and a bit more if they can do better than the third quarter, which was good, but should be better with
their acquisitions. They need some acquisition that will carry
them through the winter months. I am not complaining, but there
are 12 months in the year, and if they can profit from only 6, then it may be time to branch out a little bit. I really look for
them to be back in the 9.00 range if they can get a mm on their side within the next year. If not, it is a slow grow, but a steady one.
Ed
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