APA optics...APAT...very interesting..any thoughts....... Message Board

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Microcap & Penny Stocks : APA optics...APAT...very interesting..any thoughts.......

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To: ET who wrote ()	10/31/1997 3:21:00 PM
From: Sir Auric Goldfinger	Read Replies (2) of 342

I have read this string of emails and I wonder if there is not a bit of mini-momentum hype posted by some local Minneapolis retail brokers posing as small cap investors. The tone and careful use of phrases would suggest that someone is making a lot of suggestive inferences, but at the same time is not providing any useful information. Relating stories to a Forbes cover article that has nothing to do with APAT and then filling search engines such as Infoseek with references does not add legitimacy to the fact that APAT has never amounted to much of anything. If DR Jim Polledji is such a good engineer why would he ever leave a hot company like Cine to go to a company that has minimal cash (sorry, they've got enough to hire some shill PR firm to work the internet), no book value and hasn't made any money on annual basis since 1991. The lack of any research of any kind, institutional or otherwise, reeks of just another chart with no technology to back it. Even if there was good technology, how will a company such as APAT be able to deliver to the market? Perhaps some dilutive reg. s deal is in the making now that some 5th tier wire house will sell to widow orphans and E traders. Do not be surprised to see insider selling given the price move with no news. Has anyone ever seen the products the company makes or spoken with a legitimate buyer (read Telco) who might actually be considering a test quantity purchase? The fact that the company management has not made any announcements and their earnings report is late would imply collusion with the grimy market makers that make this stock. Under the SEC at of 1933, section 10-b, the company should have made some announcement regarding the almost doubling of its stock price over a two week period, even if it was to say they had no idea on why their stock has had such a run up on some internet chat room. Watch the market makers run for the weeds when Johnny Fiero starts trading this stock (look at Safe T Loc. (symbol LOCKC) (for those of you who are beyond E Trade and can see the NASDAQ level II makers symbols-it is FSCO) and Manuel Asencio puts it on his sell list (see what he did to Solve-Ex at www.ascensio.com) and watch the stock tumble. What is amazing to me is that a company that has lost money every year since 1991can be up like this in a market that has generally taken out and shot such bs stories over the last week. But then again, the there are parts of the US where people still haven't caught onto to the fact that the "new paradigm is a farce" APAT has 64 cents in book value per share with a price of $9/share. What are the investors, long term public venture capitalists? The real players in this space are Lucent (LU) and Harmonic Lightwave (HLIT) for "real" players in the Wave Division Multiplexer space. Real companies that have real revenues, demonstrated products and the cash to get out there and market to the big players that demand legitimacy. Referring to a Forbes article that has nothing to do with APAT is creative, I must admit. I suggest that people really look at the financials and fundamentals before buying a stock not far from de listing. techstocks.com

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