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 21.69

+5.1%

12:24 PM EST

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To: tony mendoza who wrote (873)	11/5/1997 9:59:00 AM
From: Mike Irving	Read Replies (1) of 1298

TONY: ATEC's advisors thought that 65% ownership is too much, however, management feels that if anything 65% is not enough. Now that they are about to be embraced by wall street they feel that their position is finally going to be Very valuable. They have registered their stock, but to increase the float not for mass selling. Their advisors said that the float needed to be larger post split, so they registered stock. Only a few people sold any and you have to remember that ATEC's stock has been ignored for so long and under a dollar for so long that some selling at higher levels is not a surprise. If anything you will see insider BUYING soon. As far as any news announcement coming out, there will be one concercing their new Digital Arts subsidary's progress to date. They are also looking at an acquisition in the Y2K business that might prove to be quite exciting. I am personally involved in that one so that is all I can say at this point. If this explanation is not sufficient please call me at 407-875-1110. Mike Irving

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