ATPX: Lunn Industries and Technical Products Group merge. Message Board

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

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To: Sergio H who wrote (1860)	5/6/1999 9:27:00 AM
From: Jack Ucci	Read Replies (1) of 1923

>>The offer doesn't seem reasonable considering<< True, but the stock's history in enhancing shareholder value has been woeful. No liquidity and maybe no institutional interest. CADE has not been doing all that well either, despite a good operating performance. I don't know what gives. Without this offer on the table ATPX is a $7-8 stock. One question comes to mind: did the company hire an investment firm to seek out a buyer, or is this just some behind-the-scenes deal? If the latter, can shareholders mount some pressure on the board of directors to pursue other TO interest? Another thought: is it possible that the third party financial buyer here is a security firm such as one of the MMs? Jack

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