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Technology Stocks : Axsys Technologies (AXYS)

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To: Donald F. Figer who wrote (64)11/27/1998 9:01:00 PM
From: Bobcat  Read Replies (1) of 89
 
Well you could be right.
First I am not sure how he got the 31 percent. I doubt he bought it but rather could have had it handed to him someway at the time of organization.

It is possible that he wants to borrow the money to buy it. I still think this thing will fall by the wayside.

And if somebody knows something we don't then it is only the CEO, but not too many others are getting excited about this offer. I don't see too many other corporations jumping up to buy it. And if the future of this company is as explosive as some think it is then surely some other company in a related business would try to buy it.

It was said by the company earlier in the year that only about 12% of their business pertained to Asia. Well that 12% is playing hell with the companies growth and earnings.

No I am not very comfortable with it either. I will gladly let my shares go for $15.00. I would prefer to see a high offer but I do not see that in the cards.
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