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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Thibeau who wrote (613)12/21/1997 12:07:00 AM
From: Sergio H  Read Replies (1) | Respond to of 2377
 
Jerry, thanks for bringing AXC to our attention. Ever hear of Keepered? Is AXC going to get the contract or what?

AXC has spent the year going from 10 down to almost 2. Something is going to be needed to turn this one around as the market that they are concentrating on has not become a reality yet. Data storage for visual info will rely on HDTV catching on.

Anyway, IBAH and AXC have very little in common. I can't see comparing the two having any value. Please give us any info that you have about what makes AXC a compelling buy.

Sergio



To: Jerry Thibeau who wrote (613)12/21/1997 11:00:00 AM
From: Dave H  Respond to of 2377
 
AXC -- not a buy in my opinion...

AXC just hit its ALL TIME low of 2 1/4 the week of 12/1. It found the low again on 12/15. It is in a steady pattern of making lower highs and lower lows. There's absolutely no way you can no this one won't go even lower. The only support it has right now is at 0.

Maybe FA is strong, but TA shows no reason to buy right now.

-dave


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