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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge.
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To: J.F. who wrote (1750)9/5/1998 2:02:00 PM
From: Andre Daedone  Read Replies (3) of 1923
 
JF:
If the report would have been more favorable nothing would change. Smart investors and investors that have been burned by the Internet Hype when it comes to stock investing would not have bought ATPX on VectorVests analysis.
The problem is that a lot of people fancy themselves as big time TRADERS buying and selling a stock numerous times and that hurts everyone. I believe it inflates the price of a stock beyond what it is actually worth or would be worth 3 - 5 years down the road. So these same people sell off and move on to another stock to inflate. The investors that buy near the top are the only ones that get hurt. I also believe that the big money managers within the stock market are also playing this game which causes an increase in flucuations of a hot stock. And when a hot tracking stock e.g. CSCO flucuates tremendously a lot of the little players panic and sell off all their stocks too catch their breath and that causes a domino effect.

As for ATPX, the fundamentals are good, they are stable, and I like the company; therefore, I will hold there stock for many years to come. One day when all the fancy traders come to their senses they will realize the ATPX is a good investment.

By the Way, you did not hurt my feelings. This board is for serious communication and I welcomed your link.

**Happy Investing**

Andr‚
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