ATEC Group. Huge growth with PE of 12.5! Message Board

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Microcap & Penny Stocks : ATEC Group. Huge growth with PE of 12.5!

ATEC 13.84

+2.5%

3:59 PM EST

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To: Kevin Michael who wrote (1243)	9/13/1998 11:33:00 PM
From: David Wise	Read Replies (1) of 1298

Just one thought on why the stock is down: maybe the market read too much into the buyout cancellation. Maybe the feeling is that in doing due diligence, the other company discovered weaknesses. Fact is they discovered that, due to accounting requirements, showing the transaction as a purchase would negatively impact the buyer's reported earnings per share. Unfortunately, they accurately understand the mentality of the current market that could care less what the future benefits might be, if the bottom line today is down, stock prices are mercilessly slaughtered. Fortunately for ATEC, their growth continues to sail, and I expect this downtrend in stock price to pick back up at least by next earnings announcement, and probably sooner. Chances are, the next buyout offer will be for even more.

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