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: sandytoes who wrote (576)	11/4/1997 12:07:00 PM
From: Craig McNeill	Read Replies (1) of 1923

IMHO, I agree that the last two days have been a bit confusing, and that the company could have done more to manage the transition in a smoother manner. But the fact of the matter is that the only people who have been impacted by the situation are the day traders...if you're a long term investor you might express concern about how mgmt handled this, but you haven't lost any value from where Lunn was most recently trading ($1.40-1.50). I wish people would focus on the big picture, and ignore the minute by minute market manipulations and changes. I don't think anyone should be surprised that ATPX settled in a trading range today comparable to pre-merger LUNN. Outside of the merger announcement, there is no new news. Until we have a new set of financials to review, or some new company announcement, the "best" value the market can assign ATPX is LUNN x 10. This will change very soon, however, and patience will be rewarded. cm

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