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: Andre Daedone who wrote (568)	11/4/1997 11:24:00 AM
From: sandytoes	Read Replies (2) of 1923

Andre', I agree. Right now the MMs are doing their thing, but atpx will also do its thing...thrive as a company with excellent fundamentals, a fat pipeline of contracts and backers known for elevating the profile of new companies. After yesterday, seeing that the newco creation was split into two phases (name change first, 1 for 10 later) I knew the MMs had a chance to capitalize on the general negativity associated with reverse splits. We know that this was not set up to be a reverse, but since they broke the conversion into two parts, that is how it was received on the street today. I've had some poor experiences with reverses, so I sold at 9:40 after seeing no volumne. This company is set up to be an exciting, profitable investment...I'm just waiting to pick a good re-entry point. I think you're right about settling around 15, so this might be it. (And Datek wasn't immune to the confusion this morning either; they credited my account with 10x the appropriate cash. In the name of good kharma, and in fear of frozen accounts, I called them to adjust my balance.) sandy

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