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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: dave luken who wrote (69)1/17/1998 7:28:00 AM
From: Chartgod  Read Replies (1) of 192
 
We are definately stuck in a w/ait/see mode. And from watching the volume w/the price dropping so drastically, I'd have to agree w/you on the bad news.

I'm going to hang in there until earnings, but the other question I wonder is how long in this type of business before you could consider it saturated. Meaning I don't know of exactly what NEW axle production was before, and then there are others doing the same thing...and then again, the NEW mfgrs. might have dropped prices, or even started a 'gig' themselves.

Just my thoughts, sorry to be negative in some respects..

james
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