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Technology Stocks : Axsys Technologies (AXYS) -- Ignore unavailable to you. Want to Upgrade?

To: Bobcat who wrote (63)	11/26/1998 12:36:00 AM
From: Donald F. Figer	Read Replies (1) \| Respond to of 89

Hi Bobcat, The CEO already owned 31%, so he didn't need to file a 13D to by more. To get over 50% would have cost him about 10 million dollars. Maybe he didn't want to spend that much of his own money. Maybe he wanted to finance it in a takeover. The increased revenue growth only comes from a few segments of Axsys' markets. Those segments have suffered lately because of the Asian crisis. They will accelerate when Asia recovers. Overall, I'm not too comfortable with this stock. It seems that somebody knows something which we don't. We'll se. Don