SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Telesciences TLSI formerly know as Axiom Inc. AXIM -- Ignore unavailable to you. Want to Upgrade?


To: John Ritter who wrote (59)12/4/1997 6:58:00 PM
From: kvogel  Read Replies (1) | Respond to of 156
 
John,
Talked to CFO yesterday. Said company was on track to meet projections this quarter (their weakest of the year). He also said both Lehman and JP Morgan were trying to learn more about the company since they didn't understand the business very well. Overall, this is a positive situation but it could still take a week or so before the selling stops. It let up today and there were firm bids at 5. There are just no buyers. Any strong buying will send the stock up quickly so be patient. The downside move has been overdone.

Karl