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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: Walter Fabisiak who wrote (175)1/17/1999 10:14:00 PM
From: beio  Read Replies (1) of 192
 
Walter and John,

Still long here ....or should I say longer. I trippled up here on the AXLEW's and may go in for more. As you have said, it is very under valued and personally I don't think one can lose here. This dog and pony show can't go on forever, provided mgmt. does something to spark interest in share price.

When the "psuedo" buyout offer of shares happened a few months back it was evident that mgmt. wasn't oblivious to the matter and did issue a press release. (I believe one of you called T.J.T. and asked for some answers.) This fact alone gives me some hope, or else I would have given up shortly thereafter.

If we drag along in about 6 months without share price improvement the warrants are going to be more dangerous, however the AXLE's still look good to me longer term.

IMO T.J.T. still portends to be (as the title of this thread states)
............An Undervalued Special Situation...............

Jack
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