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: Jack Ucci who wrote (1708)	7/24/1998 12:37:00 PM
From: Greg Werner	Read Replies (1) of 1923

I agree. Not only is this not headed to $20 anytime soon, it is more likely to head down for a number of reasons. A P/E ratio of 20 - 25 for a company that is increasing diluted EPS by 19% sounds about right to me. Couple the underperformance in earnings with a lousy market for small caps and you have a stock that could easily revisit single digits in price. If you have some panic selling in the meantime, it could get real ugly. Greg Werner

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