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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge.
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To: rci who wrote (1367)3/7/1998 12:36:00 AM
From: Sergio H  Read Replies (1) of 1923
 
The earnings report should serve to calm everyone that was nervous about ATPX's earnings capacity. Lots of good information in the report. From the co.'s relationship with GE to the Army shelter contract. I have to be pleased that the earnings came in over the mark and that it will not be necessary to issue extra shares to the former LUNN shareholders. Some of us have been waiting patiently for this event. Sheesh...it feels like forever.

The co. is delivering as promised. We have an IR/PR firm. We have a great earnings report. The Nasdaq listing application has been submitted and is likely to be approved. We know need the IR/FIRM to begin doing its job and let the world know about this stock.

From the earnings report:
< The decline in revenue and earnings in 1997 was primarily due to a customer delay in the production of a $30 million contract that was secured in late 1996. We anticipate that this contract will start to produce revenues and income in 1998.'' >

I believe that this paragraph is referencing the Stewart and Stevenson contract that we were unable to verify. Ken W. even called Stewart and Stevenson in an effort to get information.

Lots of good things going on at ATPX. The Nasdaq listing coupled with good earnings and an active IR/PR firm should do the trick.

Sergio
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