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Technology Stocks : AXSI - Axcess Inc. (formerly LASX) -- Ignore unavailable to you. Want to Upgrade?


To: n2profit who wrote (854)4/23/1998 8:50:00 PM
From: John A. Paul  Read Replies (1) | Respond to of 1220
 
N2: Believe me, I feel your frustration. However, I do like the current plans and I do see a future with the XL Technology and in the business of controlled access control next year. The future certainly is brighter than had the company stuck with the Sandia printers. I also hope to see some contracts for ID Cards within the month of May. I have read the company's plans for the future. I have listened to the conference calls, and I have bet a bunch of money on the future. Could I be wrong? Certainly. By the way, my break even point is right at 13.40, so I have a ways to go also. But, I am encouraged that the stock has held its own post split and should move up on contracts.

I am basically putting my mouth (and hopes) where my money is.

JP



To: n2profit who wrote (854)4/23/1998 11:23:00 PM
From: John Arnopp  Read Replies (1) | Respond to of 1220
 
n2',

Why did you buy this stock in the first place? Do you think it is still the same company? (I for one hope not, but I only got in after the XL Vision involvement was announced.) I would propose looking at AXSI like any new biotech issue: all R&D for now, with a few side operations, which is more than most biotechs have. Wouldn't you pay $5 for the new "potential" in biotech? Look at another XL company: Chromavision (CVSN; chromavision.com).

I agree with John Paul: hold and you will be rewarded. $5 to $15? Look at CMGI, or CD (backwards). Happens all the time.

--John