SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ATEC Group. Huge growth with PE of 12.5!
ATEC 19.73-2.3%Nov 14 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mark joyce who wrote (1006)12/29/1997 9:26:00 AM
From: Mike Irving  Read Replies (1) of 1298
 
MARK:
I have purposely kept quiet because I was in the middle of negotiations between ATEC and another Y2K company. There will be a news release soon concerning that venture.
As for the stock price, it has drifted down because there is no support at this time. I have reason to believe that after the new year there will be a new MM that has big plans for ATEC. They think the stock is fairly valuated(based on LAST years numbers, not on this years projected earnings) at $9.
I have to say that timing on this split was bad, right before the holidays and all, but the fundamentals have never looked as strong for ATEC. Their 2nd qtr. numbers will be out in febuary and I have a feeling that the smart money will have driven the stock higher before those numbers come out.
I will post more often now that the negotiations are complete. In fact, once the news comes out I will post to explain the implications for you shareholders.

Mike Irving
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext