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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge.
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To: freelyhovering who wrote (27)10/30/1997 1:01:00 AM
From: Ken W  Read Replies (2) of 1923
 
Myron,

Just my opinion but, what the hell, I've been in this forever. If you add all of the company PE's that Sergio linked and divide by the nine co's, the average for the entire group is 21.8. ATPX is expected to show earnings of around 1.00.
What I'm looking for is somewhere in the area of $19 to 22/share on open of ATPX. With contracts awaiting release we should see some real rise in price. Does this sound reasonable, or did I go to sleep again?

Ken W
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