MOM! He's hitting my bid! I need an uptick; have your buds take em up!
At $5 the stock wasn't worth shorting, now it's on a few radar screens.
So my question to you, as ever, is where are the facts? Please shar 4 years ofdue dilegence with the online community! Be fair, what is it you know that no one else seems to know? The stock has really moved, but where are the facts? Widows and orphans beware. What has the company (APAT)actually done? Or does it just have a chart and lack of liquidity that nickel broker dealers can manipulate? How does it compare to the other players of which there are many (see below)? Why should someone buy a company in such a bad way?
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
Ciena 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.
I mean what exactly is it that APAT has over Alcatel Network Systems, Inc., Artel
Video
Systems, Ciena Corporation, Corning, Inc., Transport & Cable Networks,
Fujitsu Network Communications, Inc., Hitachi Telecom Ltd., Lucent
Technologies, Inc., Matsushita Electric Co. of America, NEC America, Inc.,
Newbridge Networks, Northern Telecom, Ltd., Osicom Technologies, Inc.,
Pirelli Cable Corporation, Siemens Stromberg-Carlson, Tellabs, Inc., Advanced
Optronics Corporation, Alcatel Network Systems, Inc., Alcoa Fujikura, Ltd.,
Allen Telecom, Alliance Fiber Optics Product, Inc., Ameritech
Corporation/Corporate HQ, AMP Incorporated, Anritsu America, APA Optics,
Inc., ATI Electronique, AT&T Corporation, AWC U.S. Fiber-Optics, Bell
Atlantic Corporation, Bellcore, Inc. Headquarters (Bell Communications
Research), BellSouth Corporation, Bosch Telecom, Inc., Bragg Photonics Inc.,
Communications Systems, Comtec Cable Accessories, Ltd., Danzen, DiCon
Fiberoptics, Inc., Ditech, Eagle Optoelectronics, LLC., Equitel, Ericsson
Components AB, E-TEK Dynamics, Inc., E x B Technology, Inc., Fibersense &
Signals, Inc., Galileo Electro-Optics Corp., GC Technologies, Inc., GCA
Fibreoptics, Ltd., Graseby, GTE Corporation, Gould, Inc., Hewlett-Packard,
Instruments S.A., Inc., Invention Machine Corporation, IPITEK, Inc., JDS
FITEL, Inc., Kaifa Group, Inc., Krone AG, Lightpath Technologies, Lightwave
Electronics Corporation, Litecom, Inc., Litton Poly-Scientific, Litton Systems,
Inc., LM Ericsson, Mitel Semiconductor, Mitsubishi Electric, MP Fiberoptics,
Inc., MPB Technologies, Inc., National Optics Institute, NTT Electronics
Technology., NYNEX Corporation, Oprel Technology Incorporated, Optigain,
Inc., Optivision, Optical Corporation of America, Ortel Corporation, OZ
Optics, Ltd., Pacific Telesis Group, Photonetics, Photonic Integration Research,
Inc., Physical Optics Corp., Porta Systems Corp., Santec Corp., Southwestern
Bell Corporation, Shimadzu Corp., Scientific-Atlanta, Inc., Sierra Networks,
Inc., SMI, Sprint Corporation, Sumitomo Electric Lightwave, SVEC Computer
Corp., Synchronous Communications, Inc., TC Communications, Telco
Systems, Inc., US WEST, Inc? |
