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

To: Chartgod who wrote (107)	4/5/1998 11:56:00 PM
From: dave luken	Read Replies (3) \| Respond to of 192

Heres the scenario the way i see it. The stock has done nothing for the last whatever but go between 1.75-2.00. Earnings are due out apx 5-16. Last year they lost .02 for the mar quarter. This year with the better weather in their region except california i would expect to see a small profit of about .o1 per share. If this does happen i would think the stock may break out of the 2.00 range and hit 2.50. I wouldnt be surprised to see it drop back a little until the jun quarter earnings come out apx.7-15. For this quarter last year they made .06 per share. I would think that for june 98 we would be looking at .08-.10 per share. Again if they do manage to accomplish this the stock should then climb to in my opinion 3.00- 3.50 per share. If not i personally will have to seriously think about selling my shares. If the stock cant move on numbers like that i give up. In a nutshell i will give them till the middle of july for some movement or its time to move on.