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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge.
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To: BigLouie who wrote (1815)10/25/1998 2:49:00 PM
From: Sergio H  Read Replies (1) of 1923
 
Mario, I saw that the Pakistanis are asking for a $5 billion bailout package from the IMF. I'm sure that the Pakistanis would be willing to
submit to concessions that would lead to the lifting of the US sanctions currently in effect and would open the doors for ATPX's deal.

It is my understanding that the Pakistani deal was a one time event and that it is now dead although ATPX continues to carry this contract in the backlog numbers. ATPX's IR believes that the deal will be consumated when the US removes the sanctions and that is why it is included in the reported backlog..

Sergio
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