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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 (33)9/23/1997 7:19:00 AM
From: Walter Fabisiak   of 192
 
Ed:

As I understand it, their strategy is to grow the business by acquiring operations in states where AXLE doesn't have a presence. So far, their strategy seems to be working. Keep in mind that it will typically take about a year before the company realizes the full beneficial impact of an acquisition. A little patience here should be very rewarding.

Walt
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