TJT Inc. (AXLE) - Undervalued Special Situation Message Board

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Non-Tech : TJT Inc. (AXLE) - Undervalued Special Situation

AXLE 0.280

0.0%

Jun 24 5:00 PM EST

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To: Walter Fabisiak who wrote (99)	2/26/1998 10:25:00 PM
From: JAMES J UNDERWOOD	of 192

Hello Gentlemen... As you can see AXLE is making somewhat of a move back to a position that may see the 6 or 7 level.... Just to bring you up to date with my understanding of what has been going on with the downward turn......The main man in Fla. sold to an institutional investor all of his stock at 1.25....he was the original front man. The attorney who was on the TJT board of course was removed now residing in NY and at this writing he had not sold his shares but he may soon.....but since stock appears to be functioning on the merits of current company management he might stay put. Take a look at DW the only major competitor of AXLE...if you will notice they fail to elaborate on their position in the axle business...although it is mentioned it is far down the text even though the rev's are most of their position. Don't be surprised when it is AXLE who takes over the axle business from DW versus what most think will be the otherway around...who knows for sure...all guess work but educated. The management at AXLE is far better than most give credit and it plans on staying and acquiring for the future...don't sell...buy One last thing beware the industry is going to suffer a big bang in the future regarding those area previously discussed, the SEC, the IRS and HUD all are going to make a big impact on the manufactured housing industry in their own areas of expertise. Check out 'Money Hunter' on the net for some more interesting information. Sorry, I have not been around...been busy...tried to e-mail John D. but never get a response Joe

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