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: Craig McNeill who wrote (1137)	12/18/1997 10:17:00 PM
From: Sergio H	Read Replies (2) of 1923

The best part of the news is the backlog news. The earnings numbers indicate that the third quarter has been an improvement for TPG but is it enough? Third quarter numbers were about the same as the first and second quarters combined, but I am not sure that the improvement is as good as we would like. Does not look like the company will reach the combined net income of $4 mil. target for the year ending 12-31-97 that was set at the merger. This would mean that former LUNN holders will get some additional shares. It is good to see that the company has released the pro-forma earnings. It is a sign of good faith as they are not obligated to do so. Sergio

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