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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: Jim Bishop who wrote ()11/8/1999 10:41:00 AM
From: TallTrader   of 150070
 
AATM: lost E today, fully reporting .05x.125

American ATM (ATTM) lost 'E" from symbol today (11/8/99). I think it is at its low, I've been trying to buy it from 1/16 - 3/32 and they would not give me any stock. I spoke to Wayne Kight (Chairman, CEO, President, 561-367-8433) last week and he was pretty tight lipped but they are going to diversify and get into other businesses. He said there should be a news release by the 11/15/99. Management has warrants from .80 - 2.875. In my opinion, they want to get the stock back up to the levels it once was so the warrants will be worth something.

REVENUES LAST THREE YEARS ENDING 6/30:
1999 $366,926
1998 $323,100
1997 $118,852

INSIDER TRANSACTIONS:
Norman Shapiro has been selling his stock from 1/27/99 to 8/31/99 driving the price down from $3 to $.50. It appears that he has sold all of his stock per the 10/21/99 SEC DEF 14A report.

IPO INFO:
In October 1996, the company completed an offering of 2,500,000 Warrants
and 700,000 shares of Common Stock pursuant to Rule 504 under the Securities

High Low
---- ---
1997: September 30 ..................................... $ 7 1/8 $ 4
December 31 ...................................... 16 3/8 51998:
March 31 ......................................... 12 5 1/4
June 30 .......................................... 5 3/4 2
September ........................................ 4 3/4 1 3/4
December 31 ...................................... 4 1/8 2 9/16
1999:
March 31 ......................................... 3 7/8 2.8125
June 30 .......................................... 2.8125 1
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