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Non-Tech : Lunn Industries (LUNN)

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To: Cary C who wrote (1298)10/16/1997 10:25:00 AM
From: Fred Seitel   of 1436
 
Cary, the per share amounts were based on the "Pro Forma" values for the "Combined Company", multiplied by the Lunn conversion factor of 0.1. (These are calculations from the prospectus, not mine.) The Combined Company is the combination of both the Lunn and TPG historical financial data, so yes, the numbers DO include the TPG data.

Clearly, forward-looking projections of EPS and the like should dictate the price of ATPX,, but the prospectus does not contain forward-looking projections. So let's hear on this thread educated estimates of future performance. Anyone?

- Fred
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