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Alias Born 04/18/2001

Re: None

Monday, 09/23/2002 2:35:14 PM

Monday, September 23, 2002 2:35:14 PM

Post# of 120381
I am having a hard time finding something wrong with this one. I don't see how it can be trading this low. A 16% yeild is pretty high which would lead me to believe that something is wrong with this picture, but I can't find it.

http://biz.yahoo.com/p/a/axm.html

Shares Outstanding- 30M
Cash & Eqv.- $17M
Total Assets- $3.5B
Total Liabilities- $3.2B
Net Tangible Assets- $273M
Net Tangible Book Value- $9.10

They have grown Net Tangible Assets from $52M in the Sept 30, 2001 quarter to $273M in the June 30, 2002 quarter.

They have grown net income from $7.8M in the Sept 30, 2001 quarter to $15.5M in the June 30, 2002 quarter.

They pay a $2.00 per year dividend and paid the most recent installment of (.50) on Spet 19, 2002. With the last trade at 12.17, the yeild is over 16%.

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