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

To: Ernest R. DeSaye Jr. who wrote (1422)	8/20/1998 6:59:00 PM
From: francis terry	Respond to of 1492

Thank you Earnest for the news article, I enjoyed reading it. That is what was sorely needed at this time. Keep up the good work.---francis terry

To: Ernest R. DeSaye Jr. who wrote (1422)	8/20/1998 7:07:00 PM
From: Street Walker	Read Replies (1) \| Respond to of 1492

I said earlier that this type of news release WILL NOT move the stock. This stock will not move up until they report the finacials. Most penny companies have never done finacials. Nasdaq said earlier in the year that they will delist all the otc/bb stocks that don't begin calculating and stating earnings. AXGI is in the process of complying with this regulation so they can remain on the pink sheets. When earnings are released, it will be interesting. It may take a bit to decipher it all cause we will get the finacials for many quarters all at once. Things bystanding and potential investors are looking for: 1. Growth as represented by % sales and % revenues from previous quarters. I pay more attention to gross revenues from quarter to quarter. 2. Cost containment and charges (took a big loss in the software company) 3. Debt - we still don't know how much long/short term debt they have. Expect a lot. 4. If they try to hide stuff from us and don't give full disclosure that would be dumb and could be cause for a class action law suite. I hope they give full disclosure in their reportings. 5. After all is said and done, they will calculate and Earnings/share for each quarter. If the Earnings/share is low and the revenues are growing by more than 20% a year, we will be happy campers. 6. CASH - do they have any? Or are they going into more debt for future acquisitioins? Or dilute the shares to raise cash (I hope not) - that would really destroy the stock. I hope they don't take too long to anounce their financials. I would also like them to announce each quarter as they complete them going back through 97, instead of giving it to us all at once. Do they not want us to know this yet? Do they have something to hide? These would be good quesitons to ask Gene. To all who are upset that the company isn't doing anything about the share price - they can't do anything - until they release financials. Everyone is waiting on the sidelines until then, regardless of distribution announcments. Just my opinion, S.W.