Jax International (JAXI) Message Board

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Microcap & Penny Stocks : Jax International (JAXI)

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To: Frank Fontaine who wrote (1332)	9/25/1997 10:47:00 PM
From: Bill DeMarco	of 2430

>>Off Topic<< More on AUXI from you know who..... Auxer Industries (AUXI) $.51 + .04 on 355,900 shares. The Company announced after the close that they have acquired Action Software LTD of Essex, England, which specializes in business solutions and management accounting systems. Action Software is best known for its strength in the insurance and electrical retailer sectors and will be added to Auxer Software UK. This division intends to continue to grow through the acquisition of several UK based technologies and bringing these established companies and their high quality products to the US market. Auxer Software UK now consists of Action Software, Gable CAD Systems,a Computer Aided Design company and Comac Systems, maintenance ans asset management systems. This is paired With Auxer Automtive, which while in quite a different business, has similar characteristics of high profit margins and growth rates. Next month all shares of Auxer will have to be turned in for the new Auxer Group LTD and a special warrant. We could see a big short squeeze, as there seems to be quite a large short position. All of those shares will have to covered. I look for that move to take the stock over $1.00 which would be a 100% move.

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