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

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To: Bill Stockguy who wrote (180)6/18/1998 11:01:00 AM
From: Bill Pearson  Read Replies (1) of 517
 
Although I don't work for the division of 3M that is working with APTX, and I'm not suggesting APTX is a bad company, I do work for 3M, and have for 15 years....and I can't imagine 3M would ever buy APTX..... we aren't in any businesses that even remotely relates to the business APTX is in..... We sell consumables for the most part..... and those consumables typically have a significant "value added" dimension. The last significant non-consumable business we were in was spun off for $1 billion+....3M Media, the billboard company.

I'm watching APTX very closely as a personal investment. I'm intrigued by the potential they have using the 3M system..... but if someone is holding their breath thinking 3M is going to buy APTX out.... for what it's worth, my opinion is that is about as likely as me buying APTX out (personally)......

But, anything is possible..... just when you say never....it typically happens.

It ought to be interesting to see what the numbers look like when they are released at the end of the 2nd quarter.
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