ATEC Group. Huge growth with PE of 12.5! Message Board

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Microcap & Penny Stocks : ATEC Group. Huge growth with PE of 12.5!

ATEC 21.83

+5.8%

3:59 PM EST

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To: Zebra 365 who wrote (870)	11/3/1997 10:31:00 AM
From: Mike Irving	Read Replies (1) of 1298

ZEBRA: Both reasons are valid but the first became moot and the second became reality. However, marginability is not the goal BUT National Market NASDAQ listing is. ATEC has been ignored so long that they, on the advice of their investment bankers and corporate counsel, decided that splitting would be expedite the matter. ATEC's management was also told that they own to much of the company and that proper control should be at 30% instead of 65%. ATEC has some major acquisitions that they would like to complete in this fiscal year. These target companies are of a size that would require a higher stock price to be taken seriously by the target. In fact ATEC lost a chance to make a major purchase because their stock was at $1. Plus ATEC has been told by other major wall street firms thatif their stock was at $5 then they would be able to recomend ATEC to their clients. Most big wall street firms are NOT allowed to recomend under $5 stocks for compliance reasons. ATEC wants to grow their core business to 250 million ASAP and feel that with proper valuations can do so easily. This is the same company that grew to over 100 million in just a few short years, so I feel confident in managements track record. Mike Irving

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