acceleware (fka AXE.V)

[geopic]

AXE reported last Q. recently. Lots of cash but much faster rate of 'spending', like moving head Office, hiring more employees. Sales up but not keeping pace with expenses.
To boot, Coventree's woes touch AXE. About $1.7M of their fund is tied in with COF in what was supposed to be most secured investment.
AXE has dropped under $0.90 and will need concrete revenues to reverse the trend (or a NVIDIA super deal!)
g.p.
My take? Possible quick turn around if buying under.90. DD!!!!