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Microcap & Penny Stocks : Jax International (JAXI)
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To: Frank Fontaine who wrote (1317)9/25/1997 7:42:00 AM
From: Bill DeMarco   of 2430
 
>>Off Topic<< Auxer Industries.....

Frank, can you believe the ASS of this guy. Check out the Bolded section, unbelievable.....

Auxer Industries (AUXI) $.47 The stock acted very well today as the
majority of the volume was on the upside. We are getting very close to
the date in October when all of the shares will have to be tendered for the New Auxer Group LTD shares and the 1 year warrant. What I find most interesting is that over the past 45 days the stock has traded over 1.4 million shares in a price range of less than $.15. We have heard from several people that some of the same people who shorted OVIS and tried to destroy that company have been shorting Auxer. I find it impossible for the existing shareholders of AUXI to sell that much stock at the lows. Two people who say they played a part in the run up of OVIS from $.30 to $3.00 are seriously looking at AUXI. I will certainly appreciate whatever they did to the shorts in OVIS being applied to Auxer. At these depressed levels the stock is a major buy, as they keep growing the exisitng businesses and adding new ones to the mix. They have done that without diluting existing shareholders. There have been 4 acquisitons in the last year with only 1.0 million new restricted shares issued. Over the next few weeks we should see the resolution of what some tell me is a very large short position. I think AUXI is poised for a move of at least 100%.
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