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: ENOTS who wrote (1118)	12/16/1997 9:10:00 AM
From: Len Giammetta	Read Replies (1) of 1923

Maybe it's time to bail-out. Can always get back in if this sleeper wakes up! This has taught me a valuable lesson... sell,on the annonce of anything that resembles a "reverse split". I know... this wasn't a reverse split. The same thing is happeneing to another stock I'm in. DTOP and INDV announced a "pooling of interests", effective 1st qtr '98, with a 2 for 1 split. Both stocks are practically at the bottom now. Both companies are PR intensive, with plenty of good news, and "pioneers" in the on-line news industry. They have strong alliances with everyone and their brothers including Microsoft, Netscape, and AT&T. Point is that if Wall Street doesn't favor you nothing can help, or so it seems. What's scary is that if the same thing happens after that split as did this one, we'll still have a 30%, or so, decline in price to deal with after the merger. Not a happy thought. Just thought I'd share... good luck to all!

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