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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: Chartgod who wrote (168)11/26/1998 9:48:00 AM
From: Walter Fabisiak  Read Replies (1) of 192
 
Jim:

I was pleasantly surprised at the market's reaction to the press release. Evidently, the cost cutting moves and the stock buy back carried more weight than the weak quarter. I am guessing that the market recognizes that AXLE has taken the necessary steps to grow its
top line and is now taking the necessary steps to grow its bottom line.

I am more than pleased that AXLE's management has recognized that the stock price is ridiculously low and authorized a buy back. I would also like to see the insiders start buying as well.

Walt
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