The last time the Nasdaq approached 3500 (Nov. 1999) micro caps like AXST were already going stratospheric. There's no reason WHATSOEVER that AXST is not participating in this rally. There's no reason WHATSOEVER that AXST should be trading for one dollar and pennies. I have a hundred micro caps on my screen with worse numbers than AXST already up 50% to 150% in the last six month just on the energy of the stock market rally.
Waytoo......, AXST is not on the NASDAQ. According to what CFO Pat Gray said at last years Annual Meeting, they need to do more work on the balance sheet before they can apply to get on one of the big boards. But they do expect to when they qualify again. The visibility and potential volume increase would be tremendous. . .
BTW, AXST went on an incredible run for 18 months up to the end of the last year. Current pull back can be tied to slight delays in next generation product releases, a loss of some business at Sprint to Huawei (which they hope to get back with next gen products and anti-Chinese sentiment), and of course some profit taking.
Sales should increase as year progresses and Road Map rolls out.