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


To: beio who wrote (85)2/3/1998 9:33:00 PM
From: dave luken  Read Replies (2) | Respond to of 192
 
If you go back to my past posts I said that axle was a buy at $1.00. Everytime the stocks drops to one it holds support. Earnings were released after the market closed. I am looking for the stock to move up wed. but who knows with this one. It has very strange trading habits. I did some figuring a couple months ago and came up with my earnings estimates for axle. Dec 98 .03
Mar 98 .00
Jun 98 .08
Sep 98 .08
Year 98 .19

I guess i was correct for the dec quarter. Lets hope my .19 estimate for year end is correct. If so I would think the stock should trade up to the 3.5 to 4 range sometime within the next 12 months. Any comments?