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Axion International Holdings, Inc. Message Board

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  • mikebert mikebert Jul 30, 1998 7:22 AM Flag

    Easy there, a silent truce is just fine

    Since ANLT just did an acquisition, I don't see
    how they will be ready for another until around the
    end of the year, based on their previous track
    record. By announcing the stock issue in the summer, they
    take the hit now. Once Cartotech earnings get factored
    in (with the next ER in October), the stock will
    probably start to move up, which would be a good time to
    sell the new shares. If they can complete the sale in
    October/ November, they can then announce their next
    acquisition in December or January.

    The buzz
    surrounding the new acquisition might counteract the dilution
    and set the stage for a rally later in 1999, during
    which we will finally see 60+.

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