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AXIA NETMEDIA J T.AXX

"Axia Netmedia Corp owns, operates and sells services over fibre optic communications networks. Its reportable segments are The Covage segment and The North American segment."


TSX:AXX - Post by User

Bullboard Posts
Post by donmc70on May 04, 2002 8:43am
202 Views
Post# 5078335

Positive but realistic

Positive but realisticThe Q2 results were the first indication of the turnaound for this company. When the Q3 results show cash flow positive it will only be a reaffimation that the company is still on the right track but a move such as was suggested to $4.00 is unrealistic. Would be nice for all but the stock was $2.00 when a $700 MILLION increase in revenue was announced and it skyrocketed to somewhere close to $2.10 and headed directly to a buck. This stock should continue to grow but it will be a bumpy ride rather then the spectacular one previously enjoyed. Would expect Q4 profitability to have a more significant impact. Nothing like actually MAKING money to stand out in the technology sector. As long as the general direction continues positive days like yesterday can be considered opportunities.IMHO
Bullboard Posts