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Microcap & Penny Stocks : Auxer Group (AXGI) -- Huge revenue growth w/ new contracts -- Ignore unavailable to you. Want to Upgrade?

To: * Thumper * who wrote (655)	1/11/1999 12:27:00 PM
From: DavidO	Read Replies (1) \| Respond to of 1664

Current Float is 32MM with 38MM outstanding. Price is to low for Auxer to be selling yet. This stock has further to run. DAVID

To: * Thumper * who wrote (655)	1/11/1999 12:34:00 PM
From: Ernest R. DeSaye Jr.	Respond to of 1664

Thumper, The current float is approx. 30 million shares. I don't believe that AXGI is selling anything into this buying as the CEO Gene stated to me recently that he feels that there were too many shares outstanding already. How AXGI benefits from this, is that when their stock price was so low, they were having trouble getting their financing because their market cap was nil. Now with the increase in the price, I'm sure it is going to be much easier to get the financing they are seeking to expand their product line, and promote their current products. IMO this rise in price is just what the doctor ordered for AXGI. I believe with the current price at least holding steady from here on out, AXGI management will have many more options as to how they want to grow this company and this is great news for all AXGI shareholders. Regards, Ernie