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Microcap & Penny Stocks : AUXER GROUP INC (AXGI): New start for AUXI -- Ignore unavailable to you. Want to Upgrade?


To: FloridaGatorMike who wrote (1183)2/20/1998 10:45:00 PM
From: Street Walker  Read Replies (1) | Respond to of 1492
 
We just know that they are hoping to apply to another exchange by year's end. I am just guessing it will be Nasdaq Small Cap, if not, it will be the American..which is even more stable than the naz.

Lack of news: They just had news two weeks ago.

I don't see it at $5 either at years end. I could see it going to $1.50, which is an incredible return at current levels.

Financials are what drives a stock.
AXGI has not been reporting them, so we really don't have any idea where they are, just that their sales are increasing dramatically, and they have the money for multiple acquisitions through '98.
They will become a reporting company this year. That will be the tell all of how the stock performs.

Since sales are planned to increase from $5M to $25million this year,
I extrapolate that financials will glow.

S.W.