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Microcap & Penny Stocks : Telesciences TLSI formerly know as Axiom Inc. AXIM -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (20)11/12/1997 7:36:00 PM
From: kvogel  Read Replies (1) | Respond to of 156
 
Sue,
Talked to CFO and he said earnings would be out next Monday or Tuesday along with conference call. I asked him if they were getting any payoff for their efforts to get into foreign markets and he said they were. My theory is that the underwriters are really mad at management for this announcement(preannouncement) coming so soon after the IPO. This puts Lehman and JP morgan in a bad light. They have downgraded and already told their clients to sell initially. I believe they are currently accumulating AXIM for the same at these lower prices. If correct any rallies should be fairly strong. Only caveat is that management says something dumb at the conference call. They've been in business for 25 years so they're not going out of business but it's hard to be confident that management puts a favorable spin on the future.

Karl