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Microcap & Penny Stocks : Patrick's Penny Players' Paradise -- Ignore unavailable to you. Want to Upgrade?

To: Warlock who wrote (81)	7/28/1998 12:41:00 PM
From: Nescom	Read Replies (1) \| Respond to of 275

AXGI News release: The Auxer Group Announces Licensing Agreementwith Major Auto Parts Chain - Receives "Strong Buy Recommendation" July 28, 1998 12:12 PM WAYNE, N.J.--(BUSINESS WIRE)--July 28, 1998--The Auxer Group, Inc. AXGI announced today that its subsidiary, the Harvey Westbury Corp., has entered into a licensing agreement with major auto parts distribution company encompassing 52 warehouse distributors and over 3,600 stores both in the U.S. and abroad. The agreement calls for Harvey Westbury to manufacture, assemble, and package a variety of products under the store name label. By request of the major chain, the name of the chain will be withheld until the near future. The company also announced that its stock has received a "strong buy" recommendation from Aurora, Illinois based Investments 101, Ltd.'s Market $avy July/August newsletter featuring low-priced, high-growth micro-caps. Quoting from the article in Market $avy, editor, Jeffrey A. Brommer stated, "based upon the surge in new business agreements, new products, and an existing product revitalization, AXGI is a strong turnaround situation worthy of attention...AXGI is a strong buy at these levels." The Auxer Group, Inc. is an investment holding company that is comprised of three subsidiaries: the Harvey Westbury Corp., CT Industries, and Universal Filtration Industries. The company is a manufacturer, wholesaler, and distributor with a line of automotive, marine, and aviation aftermarket and hardware products. Collectively, the company owns and markets several product lines including Formula 2000 Ultimate(TM), Garry's(R) Royal Satin Automotive Wax polish & car care, Garry's(R) Royal Satin Marine Care, It(R) silicone spray, T-Bolt(R) rust penetrant, Easy Test(R) Testers, Air Conditioning Recharge Kits & Components, and Fleet Crankcase Kits. Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, competition, new products and technological changes, intellectual property rights and other risks.

To: Warlock who wrote (81)	7/29/1998 5:18:00 AM
From: paul s.	Respond to of 275

Patrick...interesting news release from DREV today...I'm no longer in, but company to watch in future IMO... biz.yahoo.com paul

To: Warlock who wrote (81)	7/29/1998 10:25:00 AM
From: Gator	Read Replies (1) \| Respond to of 275

Patrick, this one's not a penny, but it is a hugely undervalued quality stock: QUST - Hugely undervalued at $5 7/8. Book Val: $9.73. P/E 10.7. Last 12 mth eps $0.52. Next earnings due this week or next, analysts expecting $0.16 vs. $0.12 last year (but that was before two recent acquisitions which the CEO said would be immediately accretive to earnings). Shares Outstanding: 2.14 million Float: 1.4 million Short Position: 130,000 shares Stock is selling near 52 week lows. Company recently converted preferred shares to common (1.4375 shares of common given for each share of preferred), which triggered some selling (people selling their "extra" shares). Way oversold at this point. Warrants are a good play (QUSTW - 1 9/16-1 5/8). Gator