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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge.

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To: rci who wrote (1632)5/31/1998 12:01:00 PM
From: Sergio H  Read Replies (1) of 1923
 
ATPX has held up well during the recent market swings. I think that we can soon start to see our patience rewarded. We are now at a crucial stage for the stock. Here's why:

* We should be hearing something about a public offering which will bring much needed liquidity and institutional investing to ATPX.

* Nasdaq National listing is now way, way, way overdue.

* Analysts like to see at least three consecutive quarters of solid earnings before initiating coverage. I would be very suprised if we do not see additional coverage in the near future....at least by Sept. if not sooner.

* The Co. is expanding and growing. We can anticipate the opening of Alcore's new facility in Maryland and the anticipated acquisition of a French honeycomb business based on the annual report.

* The federal govt.'s fiscal year begins in Oct. and new contracts/work orders are awarded prior to the start of the fiscal year.
Perhaps as early as June/July and no later than Sept. ATPX has bids to provide chem defense reckon vehilcles for the U.S. Marines and water purification units for the US Army.

* Commercial product development. ATPX's efforts to expand into the commercial arena will bolster this stock in the future. Products ranging from natural gas vehicle tanks to production risers for deep sea rigs to portable jail cells are all in initial stages of commercialization.

Sergio
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