To: Taki who wrote (121 ) 1/8/1999 5:38:00 PM From: RSkarsten Read Replies (1) | Respond to of 452
Taki, Hi, first time for me to post on this thread. AXGI just tripled today. They have been the victims of verbal abuse in recent months by disgruntled share holders, as their SI thread shows it, but now it really looks like things are going to turn around. People who have called the company on the phone have been told that news is coming out on Monday AND on Wednesday. That alone sent at least 1/3 of the float into other's hands today. The company deals in auto care products. They had a booth set up at a show in Las Vegas two months ago, I assume that the releases will have something to do with landing new contracts? Also, the word is that the company has been working on a web site for internet sales and distribution, but this is not confirmed. It is believed that the company's decline over the last year has been due to a disfunctional software department, perhaps that has now been turned around. At any rate, the stock jumped to a high of 6 cents, closing at 4.6 cents, and opened at 2.5 cents, with nearly 15 million shares trading. I was lucky to have picked up some at .015 earlier in the week. It all started a couple of months ago for me, I did a search for companies within certain parameters on my Stockwatch program, and they popped up. They had just released news of the Las Vegas show, and new pending contracts. Heres a link to that article. biz.yahoo.com After reading I made a small investment and then did some additional looking around. I found their SI thread, only to read all types of bashing and degrading comments. I got the idea to try to get others to dig for data instead of just wine about it. A few days after that a few of us couldn't find anything proving any dishonest with the company. They were just another little company with a few financial problems with hopes of turning things around. Looks like they have. Here's a link to PennyPicker's comments of yesterday.post.messages.yahoo.com @m2.yahoo.com Comments? R Skarsten