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: JOE W who wrote (646)	11/5/1997 5:09:00 PM
From: Eric Hathaway	Read Replies (3) of 1923

To all: Concerning volume: If 13 million old lunn shares now = 1.3 mil ATPX, and it was a reverse split, then you could expect 1/10 the volume, but IT WASN"T A REVERSE SPLIT. There was another company involved in this MERGER that must be accounted for if you are trying to compare old volume with new volume, namely ATP. They got 8+ new shares shares per old share, something like 500K X 8.3, so there should now be about 5.5 million shares of ATPX. This is a lot more than 1/10 the number of old shares Concerning accepting any advise from DF: wasn't he assuring everyone on monday that we were all screwed, then that we could make a 900% profit in a day by buying ATPX around 1.5, and that there was no reason that Lunn and ATP were required to comply with the stated terms of their merger agreement, duly filed and sec-approved???? And didn't he then go to another thread and claim that there was panic on this one? I will pass on accepting any advise from that quarter ATPX looks good, despite the panic-stricken hysteria engendered on Monday by one person Good luck all Eric

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