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Microcap & Penny Stocks : ATEC Group. Huge growth with PE of 12.5!
ATEC 19.73-2.3%Nov 14 9:30 AM EST

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To: henry jakala who wrote (1010)1/7/1998 1:55:00 PM
From: Mike Irving  Read Replies (1) of 1298
 
ATTENTION ATEC SHAREHOLDERS:
ATEC's CEO has been interviewed on Wall Street Corporate Reporter. WSCR is one of the most heavily subscribed publications on the net for financial news. They can be viewed through: DeskTop Data, Dow Jones, Associated Press, Bloomberg, and Wavetop.
The interview was very informative concerning their history and future. An excerpt:" Some of our major clients include CitiBank, Chase Manhatten, Mitsubishi, Major League Baseball, National Hockey League, and Avis."
"We have achieved 25% internal growth in revenues and earnings during the past. We intend to maintain this growth in the future and forecast better growth through the acquisition of quality companies that will complement our existing business."
"Our future projects include Y2K solutions, computer graphics and software conversion from main frame to micro workstations. By the year 2000, we foresee making waves in the software arena."
Look for a news announcement soon concerning a joint venture between ATEC and another Y2K provider. I have had a hand in the negotiations and have to say I am very excited. The news won't tell the entire tale but future ones will. The reason I am so pumped is that recently ATEC was asked by one of their clients (one which is quite large)to provide them with a proposal and demo to cure their Y2K ills. This same client was the subject of a newspaper article that put their Y2K problem at about $200 million. ATEC needed a partner who had proprietary software that was here in the US. With this JV. they will have that. In the future I will post more specifics concerning this software. One more thing:IBM is trying like heck to get this same software!
Look for a new upgrade on ATEC by Andrew Scott. In fact everybody should call him to hear his views and where ATEC should trade. He is the Senior Research Analyst at MH.Meyerson.
Mike Irving
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