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Non-Tech : TJT Inc. (AXLE) - Undervalued Special Situation -- Ignore unavailable to you. Want to Upgrade?

To: Walter Fabisiak who wrote (71)	1/18/1998 11:20:00 PM
From: dave luken	Read Replies (1) \| Respond to of 192

Walter, You wrote: (AXLE is in a seasonal business. The winter months are traditionally the slowest, so don't expect profitability in this quarter and the one that just ended. However, we should expect revenue growth due to the acquisitions.)...The dec 97 quarter last fiscal year axle reported a .01 profit per share, so with the acquisitions they have made in the past year or so I would expect the company to show a profit and not a loss. Someone recommended a share repurchase program. I may be wrong and i will check but axle doesnt have that much cash laying around to initiate such a plan. On the bright side if you look at a chart of this stock evertime it hits apx. $1.00 per share it shows some support, so maybe the worst is over.Could be the market makers are playing games with this stock. I had owned a real boner of a stock a while back named quadrax where the stock price was manipulated by the market makers for there own personal trading profits for lack of a better term. In the end as simple as it sounds if axle starts to improve their earnings quarter to quarter the stock will follow. If not it will lagger around the dollar mark. Like i said before last year they reported on feb 18 so we still may have some time to wait.