Yes, the offer still stands I guess. Anyone who wants copies of the 19 pages (with more pages than that of info crammed on, as well as personal notes) from AXC's recent 3 meetings with institutional investors is available by e-mailing me at czehr@rconnect.com with your address and then send $5 to my address at James Zehr 302 W Wabasha Winona MN 55987 to cover copy costs, postage and the wear and tear on my sneaker treads running to the copy machine and small town post office. Included is a 4 page reseach report with the famous eps profit matrix of KM profits at market penetration by profit per platter, and 15 pages of handout material AXC gave out at their institutional meetings. Not doing it to get rich (unless someone wants to order 10,000 copies) or because I have nothing else to do, but it's reassuring in these dark times to see AXC's upbeat assessment of their outlook on why KM'll become an INDUSTRY STANDARD because the disk drive industry economics make it too compelling to pass up. Also greatly exciting is the mention of projects in the lab which has been aforementioned.
Smart Money article on "10 Stocks Under $25- Cheap Stocks for an expensive market" there's an interesting graph showing how "lower priced stocks attract less attention"This from Zacks for stocks with market caps above 250M (AXC is about 370M? now).
stocks priced 0-10 have avg of 6 analysts and 32% institutional owner. stocks priced10-25 have avg of 7 analysts and 37% i.o. stocks priced25-40 have avg of 8.3 ana. and 48% i.o. stocks priced40-60 have avg of 10.5ana. and 55% i.o. stocks priced 60+ have avg of 14.6ana. and 58% i.o.
Some people were asking why AXC doesn't have big following brokerage wise, and what does it take to get it? The answer, plain and simple is... BIG MONEY If a brokerage can bring a company public, meaning big fees, they'll write it up. Doesn't matter how dreadful business prospects are, if they pay up their millions in percentages of millions raised in an IPO, secondary offering(axc has 1.15M planned but waiting for higher price, also they haven't offered a large firm to broker it), or debt offering, they just BOUGHT coverage the minute they signed on some outfit to bring them the public's money. The only other way for them to get coverage is if they make a lot of money already for shareholders or it's already gone up many fold and now has a market cap big enough for some serious mutual fund chomping. Just wait and see how the street will fall all over themselves loving AXC more and more the higher the price goes. Probably won't get much attention, if any from the big boys to analyze it and publish reports on it till it at least crosses over the $15 mark. the higher and more expensive it gets, teh more overpriced, the more the street will fall in love with it. The hardest part is getting it over the anonymous stage when the only people in love with it are individuals. Long time lag can take place, hence it's being stuck dead in the water. You think this is being 1/8 and 1/4 to death now, just wait a year or two (or a half a year!)from now when it's going up $1 or 2 a day and has become a must have stock! The price appreciation can stagger when we who've weathered the "Valley Forge Winter of 97" see it rise phoenix like. The charts then will have to be oriented vertically, not horizontally as heretofore. Me thinks the hardest 10 dollars appreciation in this thing is absolutely the next 10. Once we see hi teens and 20's , this baby will be TOTALLY out of our control and we can sit back and count our growing millions. It'll happen if KM gets accepted. Just keep waiting and buying. don't panic! Buy more at these prices! |