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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: BarbaraT who wrote (6644)	7/27/1998 5:06:00 PM
From: Seeker	Read Replies (1) of 25711

APTX.....check out this news release from the end of April... looks like there are only a couple more days left in the testing... IR says that the testing is going "very well".....Maybe the reason for the swing today.... Ran good all day with big buys.... Thursday April 30, 10:12 am Eastern Time Company Press Release Apparel Technologies, Inc. Enters Into Agreement With The initial goal of the evaluation effort is to assess the feasibility of using the System 2000 for digital printing for transfer to fabric at speeds of 150 linear meters per hour. APTX's ultimate goal is to reach speeds of 300 linear meters per hour. Currently available digital fabric printers are limited to approximately 32 linear meters per hour. The initial evaluation phase has been targeted for completion in 90 days at APTX's facilities in Commerce. APTX hopes to be able to incorporate 3M's System 2000 printer in its production operation by the end of 1998 following completion of the evaluation, any needed development activity and upon successful completion of further negotiations with 3M.

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