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To: JMTech who wrote (7728)3/23/1998 10:51:00 PM
From: JOEY  Respond to of 27968
 
And the oscar doesnt go to AXTI



To: JMTech who wrote (7728)3/23/1998 11:03:00 PM
From: Little Engine  Read Replies (3) | Respond to of 27968
 
<<<<ATXI doesn't add up. 2.5+ million shares in circulation, not 1.4m.>>>

$2.5 MM is the market capitalization... 1.4MM shares outstanding.

Information on the Minneapolis-area company can be found at:

http://biz.yahoo.com/p/a/atxi.html

The information Ira has let out, combined with my research skills, has me 99.9% sure that this is it.

You heard it here first,
L.E.



To: JMTech who wrote (7728)3/23/1998 11:04:00 PM
From: Dan Major  Respond to of 27968
 
The number of outstanding shares for ATXI is 1,413,449, which is verrrrry close to the 1,413,913 that the press release stated today. They also had a 1 for 4 reverse split in Dec.(interesting) The Co. is a manufacturer of Remote metering and copy control products. I thought IRA said the Co. was a holding Co.? There was a Post on Yahoo MSG boards Congradulating the the ATXI Shareholders on the Merger with FAMH. As I see it, there are some possibilities here, but....... this is just my 2 cents worth. Too many ??? Lots more DD needed on my end.

Dan



To: JMTech who wrote (7728)3/23/1998 11:05:00 PM
From: dennis foster  Respond to of 27968
 
From EDGAR ATXI 10QSB 2/13/98

ATXI ATXI ATXI ATXI ATXI ATXI ATXI

"REVERSE STOCK SPLIT
On December 11, 1997, the Company announced a one-for-four reverse stock split,effective December 16, 1997, for shareholders of record as of December 15, 1997.The reverse split reduced the number of outstanding common shares in the Company from 5,653,644 to 1,413,449 and raised the stock price above the $1.00 bid requirement for NASDAQ SmallCap Market listed companies. Subsequent to the reverse split, the Company exceeded all the requirements for continued listing:
net tangible assets, public float, market value of public float, number of market makers, round of shareholders and corporate governance requirements. The effect of the reverse stock split has been reflected for all periods presented."

Ira stated that the NASDAQ CO. is very close to being delisted. This EDGAR filing does not indicate to me that ATXI is on the verge of being delisted.

Dennis