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Microcap & Penny Stocks : APPAREL TECHNOLOGIES, INC. (APTX-NASDAQ)

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To: Seeker who wrote (77)5/26/1998 11:19:00 PM
From: Trumptown  Read Replies (1) of 517
 
Well here's my take on the news release:

1. Basically they're going thru a divorce with their financing co. This is not necessarily good. The old financers may get irritated and decide to short the stock. This could cause a short term hiccup in the stock price...if not we should see no real change.

2. On the bright side, if the old financers were screwing up, then someone new should help. After they get new financing in order, it should help growth (and stock price). Did anyone hear if the 30m more will get issued? - this too, will probably cause a drop in stock price and a buying opportunity

3. However, if someone like 3M comes in with a JV or something, all bets are off...we're goin higher ($1 ish)....we'll see
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