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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge.

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To: Kurt T. who wrote (1844)4/28/1999 6:51:00 PM
From: Sergio H  Read Replies (2) of 1923
 
Hi Kurt. The buyout is $14 plus up to $3/share for meeting earnings expectations. ATPX shouldn't have trouble meeting earnings for the next few quarters.

The news announcement doesn't specify the time frame for the deal, but at $14 the sale price is a 40% mark up form today's closing ask and at $17 the mark up is 70%.

I think that the stock should be at $20 and regret that ATPX never did meet it's potential.

AS
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