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

To: dave luken who wrote (86)2/3/1998 10:12:00 PM
From: augustus  Read Replies (1) | Respond to of 192
 
Howdy,

What makes you think that AXLE will ever have a P/E in the
20 range again? After all, the company has an enormous, permanent
negative attached to it. Looks to me like it is fairly valued
at around $1 or so right now.



To: dave luken who wrote (86)2/3/1998 11:16:00 PM
From: beio  Read Replies (1) | Respond to of 192
 
dave,

I would agree with you except for the part about the break even Mar. 98 quarter. It seems that TJT has a love affair with the fact they have a string of profitable quarters. (Read their past releases again)

Personally with that on the line I feel TJT may do anything needed to keep EPS positive. Let's hope that involves something like................say....................a share buyback?

Jack


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