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: FES777 who wrote (1465)	3/27/1998 7:53:00 PM
From: Sergio H	Read Replies (1) of 1923

<Sergio, can you explain todays trading to a novice? Without knowing exactly, looks like a single trade at ask that moved the stock up 2.7%. Which appears to have immediately moved the bid/ask up. Is that not very unusual? > Eddie, you answered your question correctly. Not much volume makes the stock more volatile. The low volume is due to the low float and that is the reason that institutions are not yet in ATPX. Today's activity was one trade and no one else was interested in buying or selling at the quoted spread. People will be discovering the stock in the next few months and as the volume increases, the volatility will decrease and the price will become more stable. I spoke to Bernadette at Focus Partners today and here is what I learned: THE 10K: 10k is delayed as it is still being worked on. I do not anticipate any negatives in the upcoming 10k. NEWS RELEASES: I asked if we can anticipate news releases regarding the Stevenson deal and the Honda fuel tank contract. Bernadette said the same thing that Harvey said to me, that both of these deals will be included in the shortly to be released 10k. I again asked for news releases for these two contracts. The Stevenson deal was started prior to the merger and that could be the reason for no news release, but the deal was renewed after the merger and I feel that it is newsworthy. The Honda fuel tank deal is new and I do not understand why it is not being publicised. These two deals should be two separate press releases. ANALYST COVERAGE: Hoak Breedlove is currently the only analyst offering coverage on ATPX. The price target and earnings for ATPX is going to be upgraded. I forgot to ask when we can expect the new research. Focus has also been in contact with other analysts and is about to start a concentrated effort to attract institutional interest. NASDAQ LISTING: Co. has not heard from NASDAQ as of today. I do not think that this red tape will take much longer. TRADE SHOW: All five divisons of ATPX will be presenting at the Composite Industry trade show in Calif. in April. I have been trying to tell everyone on this thread that this stock is obviously not for daytraders and we should not concern ourselves with watching every trade. It seems to me that everything is coming along fine and we can anticipate this stock being in the twenty dollar range in the near future. I was very encouraged by the phone conversation today. Sergio

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