ATPX: Lunn Industries and Technical Products Group merge. Message Board

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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge.

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To: wielandhl who wrote (432)	11/3/1997 3:02:00 PM
From: Eric Van Buskirk	Read Replies (2) of 1923

Could this huge gain today be due to clueless buyers who think they're getting shares of the NEWCO at these prices? Based on Lunns trading in the 1 1/2 range over past couple weeks (rough) ATPX should open tomorrow X 10 at 15 But, of course when it opens it gains deserved attention and people relize what I great opportunity it is so they look at a former fair value for lunn as 1 3/4 and a fair ATPX Bid tomorrow at 10 X 1 3/4. But we're trading near 2 for an open tomorrow at about 20. Couldn't some of this gain today be due to people buying who don't understand what's going on (this isn't a reverse split, the price today as reflecting the pre NEWCO adjustment, etc...) They may have overpriced the stock short term (next 2 days) I'm seriously thinking of shorting ATPX today for a couple of days, watching the price drop from 20 tomorrow to maybe 17 or 18 , and then going long 'cause this is an excellent long term hold Feedback Please. Watch the flames. I'm not in a combative mood today. Thanks, EVB

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