AUXER GROUP INC (AXGI): New start for AUXI Message Board

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Microcap & Penny Stocks : AUXER GROUP INC (AXGI): New start for AUXI

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To: FloridaGatorMike who wrote (1172)	2/16/1998 8:16:00 PM
From: nick pace	Read Replies (2) of 1492

AUXER INDUSTRIES (AXGI) $.28-.30 on 211,000 shares. The stock pulled back from it initial rally and then closed strong into Friday's late rally. It should be ready for a move up to the next resistance at $.60 and then $1.00. We expect several announcements of additional agreements with distributors to handle the Company's automotive products. There is also a much larger deal in the works that could really accellerate revenues and profits. Another day or two of good volume should get the stock moving much higher. The Company just announced a new contract with a major ditrbutor for the replacement for Freon in automobiles. This contract brings over 90 new locations which could carry the whole line of Auxer's automotive products.It will be worth over $750,000 the first year and in excess of $5 million in the future as Freon is phased out by Federal mandate.

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