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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge.
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To: marty009 who wrote (1598)5/6/1998 6:05:00 PM
From: Sergio H   of 1923
 
<However, the news releases have not been all that impressive.
Perhaps you can enlighten us as to the monetary value of the Honda gas tank contract. I just don't know how many natural gas vehicles are produced by Honda--wouldn't think enough to be exciting.>

Marty, the earning releases have been impressive. The Intellitec deal is impressive if you look at the options and the total revenues for ATPX from this deal. Marion's G.E. deal is impressive. I posted a page full of developments at this co. over the weekend and don't feel like re-posting the same info again.

Your point on Honda gas tank contract not having a large monetary
value is well taken, but we need to look at the importance of this deal. I also posted about this previously, but.....The co. has commercial products that have not been capitalized on. 80% of sales
are to the govt. The gas tank contract has potential internationally.
Pollution standarts worldwide demand use of alternative fuels such as
gas. ATPX has 70% of the world market for bus gas tanks. Also worth mentioning is that the Honda gas tank deal could lead to a composite gas tank deal for all Honda cars. Composite materials are lighter and make the car more fuel effiecient. The recent Lockheed
Martin Star Supplier award had no monetary value either, but must be construed as a positive news release as well.

Hoak's estimate for next years growth rate to be near 50% may be as conservative as this year's estimate of 7%.

Glad to see a little discussion on this thread. Thanks for sharing your
views.

Sergio
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