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Strategies & Market Trends : Wayne's HIGHLY SPECULATIVE STOCKS

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To: Jim Bishop who wrote (348)6/1/1999 12:21:00 PM
From: Lee Walsh  Read Replies (1) of 486
 
I met with the CFO of AAXM yesterday, and was very impressed with the direction of the company, his knowledge of the activity with the stock, and their ideas on expansion in the near future.

4.4 million shares in the float. I believe it will have some new market makers come on line in the next week or so, and would expect the stock to move back up in the $2 range or so.

He said the company is moving a lot of material to and from Mexico. They have an agreement with a Mexican trucking company where they do not take any of their tractors over the border. Just drop off the trailers. In 4 years, they've only lost 2 trailers...and he said the sky's the limit in the Mexican connection....as all the manufacturing is moving there.

Was also very positive on the liquids division.

They do plan to be reporting by their deadline, which I believe is August 1st. Since their symbol is AAXM...they must be one of the first.
All in all I was very impressed.

Lee
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