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


To: Ernest R. DeSaye Jr. who wrote (1014)2/3/1999 11:45:00 AM
From: DavidO  Read Replies (1) | Respond to of 1664
 
Ernest,
Just got off the phone with Gene. He could not comment on exact sales figures because there will be some information coming in the form of a PR eventually. He said he will probably wait for weakness in the stock before making any announcements.
He did say the release will contain some information on some possible new market contracts but did not want to divulge to much to me. He did say that the month of Jan. alone accounted for 1/3 of the total sales for all of 1998. He stated that it was impossible to tell how much the new I-commerce web site will increase sales at this point but said it should be up and running by March 1.
He also said that the company is currently undergoing an audit that is the first step towards becoming fully reporting and they have to show three full years of accountability to the SEC. Since auxer is first on the list they have to have this done by July 4. He said they then have to answer any questions that the SEC asks to their satisfaction and anticipates full completion by no later than Sept.
He also stated that their would not be any release of numbers until the end of the 1rst quarter of 99 so that investors can get a better picture of the turn around.
BTW I was able to sell my tickets to the broadway play on Ebay for almost 90% of what I paid for them. So even though my trip to NYC fell through I did manage to recoup most of my investment.
Its been a long time since I've felt this good about a penny stock and to all those investors sitting on the sidelines... the stock is still cheap...don't let it be a "wish I would have" later.
DAVID



To: Ernest R. DeSaye Jr. who wrote (1014)2/3/1999 12:08:00 PM
From: Lazarus  Read Replies (1) | Respond to of 1664
 
I am back in...

Barginstocker



To: Ernest R. DeSaye Jr. who wrote (1014)2/3/1999 12:23:00 PM
From: Cindy Powell  Read Replies (2) | Respond to of 1664
 
Ernie,
I beg to differ with your Pollyanna statements that so innocently and naiively suggest that the buying coming in is occurring with "no hype." AXGI is getting so exhaustively hyped with so much trauma and intensity on the Yahoo boards that it is actually sickening. Somebody out there is RReeaalllyyyy desperate to get this baby to move. My only wish is for the move to be based on a substantiative basis, and not as an opportunity for some desperado's to furiously run AXGI up and then ...."d-u-m-p."

I also fear that AXGI's products haven't been doing well on the store shelves, and that they likewise may not do well on the internet shelves. This is the chance/risk that investors need to be willing to take.

Sorry to "offer up" comments that may be contrary to what you like to hear Ernest, and I am sure I will bombarded with a slew of posters accusing me of being an evil "short," (laugh) but the truth is, I try to be just a teensie eensie bit sensible, even with speculative stocks. My speculative recommendation was IMGN at around a dollar, and it is now pushing $3.00 after just announcing that Smithkline will be partnered with IMGN for their cancer product. 100% eradication of cancer cells! But different strokes for different folks, when I see some rhyme and reason with AXGI, I will invest... until then I wish you all the best of luck..

Cindy