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

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To: Sergio H who wrote (704)11/6/1997 4:51:00 PM
From: sandytoes  Read Replies (1) of 1923
 
Sergio,

I couldn't agree more. I held Lunn for quite some time based on the fundamental strength and market position of the company. Why would I switch now when the company has essentially complemented its existing products with those that will only elevate newco in the aerospace industry? Beats me. I know this view isn't accurate (due to the difference in shares) but I look at the situation as: Lunn before the merger was 1 1/2 (discounting the run-up the day before), 10x Lunn at that price is where we are now; so now we get TPG (a larger, more profitable co.) for free. Because of the skills both co's bring, ATPX can now land contracts for product sales neither Lunn nor TPG could even bid on before the merger.

Rocky times now, and no guarantees, but I'm very optomistic about this company's future. Thank you and the others for such incredible research.

sandy
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